ISMAIL LAGARDIEN: Quantitative easing a touchy subject not open to debate
Evidence shows it is the elite who benefit — no surprises, then, why it’s so desirable
I have been following and intermittently engaging in a discussion on quantitative easing (QE), and the general populist drive to nationalise everything, starting with the SA Reserve Bank.
One of the astounding parts of the discussion has been the ready-made slogans and trade of poorly concealed insults. Any critical questions asked about QE and nationalisation of the Bank are met with puerile name-calling and othering — that pesky habit of denigration accompanied by de rigueur self-absolution and association with all things good and great...