If Trump indeed tanks your 401(k) to make himself and his friends even richer, the opposition party should make that the centerpiece of their attack heading into next year’s election.
collateral
Follow:
-
Collateral Damage: QE3 and the Shadow Banking System
Rather than expanding the money supply, quantitative easing has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit.