QE is not a fraud, it's a legal activity, carried out in many countries. It was a Bernanke stroke of genius that probably prevented the world descending into another depression and off course anyone with an ounce of common sense knows that the Federal Reserve's primary function, among others, is to prevent banking panics and has wide powers to address them.
Anyone who says QE is a fraud is ignorant. The Professor's posts are becoming more and more demented as they're discredited.
Which reminds me of a central bank cartel known as the Washington Agreement. A cosy little arrangement between central banksters to restrict sales of gold to protect the price. Anywhere else it would be illegal, and one observation is:
The agreement resembles a cartel that materially affects the supply of gold in the global market. In this regard, the agreement stretches the borders of antitrust legislation.
And I know you guys will be knowledgeable about the Anti-Trust legislation.
