A speech to a meeting of clients of Dun and Bradstreet at the Globes
2013 conference on what QE is, and whether tapering might have negative
effects on the economy. I use the Minsky Open Source modelling program
to sketch out the possible effects. I conclude that the damage is likely
to be felt on Wall Street rather than Main Street, where QE has always
been mainly a placebo, rather than a cure for what truly ails the
economy
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