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All-Star Prof. Steve Keen and Erik discuss:

  • Steve’s 2016 prediction that the Fed would eventually be forced to return to QE and why current events prove it true
  • Costs and benefits of QE in the real world
  • Private debt and the inflated corporate bond market as a result of QE translates to higher risk for the next financial crisis

Supporting Materials for Download

Tilting At Windmills: The Faustian Folly Of Quantitative Easing 

Before retiring from academia, Dr. Steve Keen was Professor of Economics at Kingston University, London from 2014 till 2018. He is now Crowdfunded on Patreon at www.Patreon.Com/profstevekeen, and is an Honorary Professor at UCL University College London. 
He was one of the handful of economists to realize that a serious economic crisis was imminent, and to publicly warn of it, from as early as December 2005. This, and his pioneering work on complex systems modeling of debt-deflation, resulted in him winning the Revere Award from the Real World Economics Review for being the economist “who first and most clearly anticipated and gave public warning of the Global Financial Collapse and whose work is most likely to prevent another GFC in the future”.

He was ranked as the 30th most influential economist in the world by Richtopia, despite being a rebel against mainstream economics. See