Quotes About QE

People who are retiring now are finding that annuity rates have been squashed by QE, and that they will get a smaller pension than they expected. Retirees who get locked into a weak annuity will find that the Bank's money printing leaves them out of pocket for the rest of their lives.134

Another commented, 'QE is a key ingredient in a recipe that is destroying the value of the UK's retirement savings. It's a torture for pension funds because it artificially suppresses long-term interest rates'.138

Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market either by cutting rates, launching QE, or threatening to launch another round of QE.