What is Quantitative Easing?
At dinner tables, around water coolers, and in political debates around the country, many are confused about what capital markets do and if they matter to Main Street. Many in Washington, D.C. question the value of capital markets. Third Way's Capital Markets 101 sessions were launched to help answer many of the questions surrounding what capital markets do in order to have a more nuanced, thoughtful policy debate, and help policymakers understand the value capital markets provide to all Americans.
On December 7th, our featured guest was Greg Ip, the U.S. Economics Editor of The Economist and celebrated author of The Little Book of Economics: How the Economy Works in the Real World. The session reviewed the basics of Quantitative Easing and its impact on bond markets, interest rates, inflation, commodities, and the banking system.