The Unintended Consequences of Quantitative Easing

Quantitative easing, which saw major central banks buying government bonds outright and quadrupling their balance sheets since 2008 to $15 trillion, has boosted asset prices across the board. That was the aim: to counter a severe economic downturn and to save a financial system close to the brink. Little thought, however, was put into the longer-term consequences of these actions.
Read more: http://www.bloomberg.com/view/articles/2017-08-22/the-unintended-consequences-of-quantitative-easing?source=Snapzu