Can you elaborate on how QE and inflation is a direct wealth transfer from poor to rich? Do you mean that QE funds upper class purchase of assets with cheap debt versus inflation's havoc on lower income savings/purchasing power?
And isn't QE ultimately beneficial to the poor, in that it's funding labor that would otherwise go unused during a recession (for example)?
And isn't QE ultimately beneficial to the poor, in that it's funding labor that would otherwise go unused during a recession (for example)?