Question

I don't know if the quantitative easing (QE) was successful in restoring the U.S. economy or has it sown the seeds for future economic problems. Please help me thanks

Answer 1

People who support the economic idea say that it has kept interest rates low and it has been beneficial for firms and households. It has even stimulated the creation of jobs and has saved the country from another depression. Critics on the other hand believe that it could lead to another financial crisis hence its benefits are still undetermined hence the impact is not yet sure.