Tag Archives: quantitative easing

How Greece Got Quantitatively Eased

One thing we need to understand about bailouts is thisthose who get bailed out don’t really get any money. So it was for Greece; she did’t get any either. Where did the money go? To the rightful owners of all the money, of course, the bankers. I used to work for a bank, so I know a little bit about it, although my station in the pecking order was way below the billion dollar bailout levels.

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