TLDR
The US Federal Reserve recently announced it would start a policy of “unlimited QE” or Quantitative Easing. This means the Fed is printing money to buy assets in any amount needed for market liquidity. The Fed’s job is to control inflation while avoiding a recession. However, even a $4 trillion injection won’t solve the issues underlying the recent market crash. The long term outcome of unlimited QE is a weakened dollar, meaning that lower classes won't be able to afford relatively higher priced goods, widening the inequality gap.via the TL;DR App
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