Many economists are learning more and more about Quantitative Easing 3 (QE3), or what has been nicknamed QE-forever, which in many regards is like turning a printer on in a room in the treasury and let it print money forever 24 hrs a day. In many regards that is what QE3 is doing, moreover once it starts economists are realizing the big question is how to stop it. The reality is once you start printing money and putting it into the economy it makes prices go up and whomever cannot defer the price increases is the person that gets hurt in this economic situation. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins The Blaze to discuss the economics behind QE3 and stagflation and how it impacts your wallet.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: economic situation, economists, financial advisor, money, QE3, quantitative easing, stagflation, the blaze, treasury, wealth manager
