NOT ALL OF THEM ARE GOOD

 
Here is a quote from Former Fed Chairman Alan Greenspan we posted earlier in our "House Painters" article.

But quantitative easing has been a “terrific success” in getting the real rate of return on long-term assets down, boosting all income-earning assets.

“It hasn’t been a success in the demand side,” he said, because banks are simply parking the reserves at the central bank.

 They just let it sit. Unless or until that happens, you don’t galvanize economic activity,” he said. “When that starts, all things can happen - and not all of them are good,” he said.

It's important because you have an ultimate insider telling you where most of the money from QE given to the banks wound up. Now view the chart on the below link.

The key point here is those who argue, as one Bloomberg columnist noted today, Speculation that the Fed’s almost $4 trillion of bond purchases since 2008 would cause runaway inflation has yet to be proven.  Even Greenspan hints at the reason why.

http://www.economicpolicyjournal.com/2014/10/so-what-has-fed-been-doing-since-start.html