Last week, Federal Reserve chairman Ben Bernanke announced the central bank would begin another round of quantitative easing, the term of art for the Fed’s policy of purchasing securities in an attempt to stimulate the economy. With his plan to buy $40 billion in securities per month, Bernanke has irked conservatives opposed to loose monetary policy, and some have described the policy as “unwise and unnecessary.”
At Reason, Anthony Randazzo discusses why quantitative easing should have the Occupy Wall Street movement up in arms:
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