We Had QE1, 2, & 3: So Where Is the Economic Recovery?

by Jun 13, 2014Liberty & Economy0 comments

If you ask Paul Krugman, the reason there is no economic recovery is that there just isn't enough money printing from the Fed.

U.S. Economic Recovery Looks Distant as Growth Stalls“, reads the New York Times headline.

If you ask the Times’s Nobel-Prize winning economist turned columnist Paul Krugman, the reason the economic recovery hasn’t arrived yet is that this just isn’t enough money printing from the Federal Reserve in response to the financial crisis resulting from the bursting of the housing bubble created by Fed money printing that pushed interest rates artificially low, precisely as Krugman advocated following the bursting of the NASDAQ bubble explicitly in order to fuel a boom in housing:

FRED Monetary Base

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