Page 46 - Qe News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Then these numbers are so big we'll see a lot more of these. 20,000 irs workers today, might be 200,000 american tax filers tomorrow and there's nothing we can do about it because we can't control it. >> you know, i've always argued we should wean the government off. i don't have any confidence in that. it's sort of like the issue of going towards a sound monetary policy. do we wean the people off, you know, of qe and eventually get back to not monetizing debt? no. there's too many special interest, too many privileged people, too much in the budget for special interest. the little guy, the mi...

You have to take pieces of information and make your own decisions about investing. so it doesn't bother me analysts may come on and say we have a buy rating on this and this is why i like it. they have a buy rating. >> they need to come with a consumer warning. but now the stars, i guess the big get in your world and this world are obviously these corporate chieftains, i think you've interviewed everyone on the planet, how important is it whether it's jeff besoz or jamie dimon, how important is television exposure for these ceos? >> i think it's important. i think it's still as important as i...

One dollar could back in 1913. >> you have to go all the way back to 1913.j paul cryingman will tell you look, inflation is 2% a year. tl historically, that's pretty good. >> this isn't a big mystery, though. the federal reserve has created a lot of money with qe whatever now that we're up to. but the banks are holding most of it back. it's not going into the price level because they're holding it as extra reserves because the feds started paying them interest on their extra reserves. if that gets lent out, then we'll see higher inflation. >> that's a form of robbery. >> explain that to people...

Nickname helicopter ben. critics say the easy money is fueling risky investments, but unwinding stimulus will not be easy and could upset world markets. >> we have now reared an entire generation of investors that have become dependent on qe to buy stocks. >> reporter: the jury is still out on bernanke's tenure at the fed, but after such an eventful economic journey, he's earned the right to do something a little less stimulating. maggie lake, cnn, new york. >> i love the picture of ben bernanke in swim trunks on the beach. all right, bernanke's last big move likely came last wednesday, taking...

Zero and launched the massive fed stimulus programs quantitative easing one, two, and three. the fedsme promised anything to ease the crisis no matter how unorthodox was key. >> they said we're going to do whatever it takes. that message, the psychological impact of that message was to make the policy changes more powerful. >> reporter: by 2009 the markets recovered. "time" magazine named bernanke its person of the year. years after the worst of the financial crisis, the fed is still pumping billions in stimul stimulus. critics say the easy money is fueling risky investments, but unwinding sti...