Quantitative easing – Wikipedia

Comment by tonytran2015: Risky financial assets have been sold through QE at unjustifiably high price to Central Banks, that is to the taxpayers. It is a blatant “Privatizing profits and Socializing losses”.


Quantitative easing (QE) is a monetary policy whereby a central bank purchases at scale government bonds or other financial assets in order to inject money into the economy to expand economic activity.[1] Quantitative easing is considered to be an “unconventional” form of monetary policy,[2] which is usually used when inflation
is very low or negative, and when standard monetary policy instruments have become ineffective. The term “quantitative easing” was coined by German economist Richard Werner in 1995[3] in the context of the Japanese crisis.

A central bank implements quantitative easing by buying financial assets from commercial banks and other financial institutions, thus raising the prices of those financial assets and lowering their yield, while simultaneously increasing the money supply. In contrast to conventional open-market operations, quantitative easing involves the purchase of more risky assets (than short-term government bonds) and at a large scale, over a pre-committed period of time.

Central banks usually resort to quantitative easing policies when
their key interest rates approach or reach zero (a situation described
as the “zero lower bound“) which induces a “liquidity trap
where people prefer to hold cash or very liquid assets, given the
perceived low profitability on other assets. In such circumstances,
monetary authorities may then use quantitative easing to further
stimulate the economy.

Quantitative easing has been largely undertaken by all major central banks worldwide following the global financial crisis of 2007–08 and in response to the COVID-19 pandemic. Quantitative easing can help bring the economy out of recession[4] and help ensure that inflation does not fall below the central bank’s inflation target.[5]
However QE programmes are also criticized for their side-effects and
risks, which include the policy being more effective than intended in
acting against deflation
(leading to higher inflation in the longer term), or not being
effective enough if banks remain reluctant to lend and potential
borrowers are unwilling to borrow.

SHAMEFUL! Facebook Skewered For Citing Disgraced Expert In Fact-Checks | PA Pundits – International


By Alexander Hall ~

So-called experts advising Big Tech are experiencing a crisis of credibility as the once-condemned laboratory leak theory rises in popularity.

Big Tech’s initiative that Americans must listen to the experts has sounded more ridiculous and ill-informed by the day. RedState Managing Editor Jennifer Van Laar reported in a June 11 blog: “The man who worked on coronaviruses with Wuhan Institute of Virology’s ‘Bat Woman’ Dr. Shi Zhengli as long ago as 2013, whose company gave WIV $800,000 in funding to study bat coronaviruses from 2014-2019, and who served as a Facebook COVID fact-checker, is bitterly clinging to the narrative that the pandemic originated at the wet market in Wuhan.”

The same article recounted how the aforementioned expert cited in fact-checking, EcoHealth Alliance President Peter Daszak, also reportedly spoke absurdities during a 60 Minutes interview:

Daszak, incredibly, was a member of the [World Health Organization] “mission,” and believes that the group made a big discovery during their time in China – the 1,000-mile ‘pathway’ the virus took from bat caves in southern China to Wuhan. If that were true, why haven’t we heard about it before now?

60 Minutes summarized his claim that the pathway led “not to the lab in Wuhan but from wildlife farms in southern China directly to the wet market in Wuhan, the Huanan Seafood Market.”

Fox News torched Daszak for his relation with one of Facebook’s fact-checking partners and his refusal to humor the lab narrative:

Daszak was also cited by Facebook fact-checking partner Science Feedback in a February 2020 post headlined, “Scientific evidence indicates virus that causes COVID-19 infection is of natural origin, not the result of human engineering.”

The fact-check entry from Science Feedback did in fact cite Daszak by name in condemning the lab leak theory:

Peter Daszak, epidemiologist and president of the EcoHealth Alliance who has collaborated with WIV researchers, warned during an interview with the journal Science: “These rumors and conspiracy theories have real consequences, including threats of violence that have occurred to our colleagues in China.”

The COVID-19 pandemic and its aftermath have appeared to be a referendum on trusting experts to set policy or decide who must be censored.

The House Judiciary GOP verified account tweeted an open letter from Congressmen Jim Jordan (R-OH) and James Comer (R-KY) condemning Facebook CEO Mark Zuckerberg for coordinating with Dr. Anthony Fauci.

In a damning indictment, the letter recounted: “Facebook amplified sources like the World Health Organization—even though such sources have proven to be conflicted and unreliable in the past.” The World Health Organization misinformed nations around the globe that there was “no clear evidence of human-to-human transmission” of COVID-19 as late as Jan. 14, 2020.

Conservatives are under attack. Contact Facebook headquarters at 1-650-308-7300 and demand that Big Tech mirror the First Amendment while providing transparency, clarity on “hate speech” and equal footing for conservatives. If you have been censored, contact us at the Media Research Center contact form, and help us hold Big Tech accountable.

Alexander Hall contributes posts at the NewsBusters site, and he is a staff writer for MRC TechWatch.

Read more Great Articles at NewsBusters . http://newsbusters.org/

Cuttings of prized SunGold kiwifruits were smuggled to China and NZ growers are divided over what to do about it – ABC News


…”The New Zealand government could make a larger issue out of this, but we have Australia’s example front of mind that if New Zealand criticises China too directly … the possibility of retribution is always there and the Chinese could easily do without New Zealand’s imports….

(CALIFORNIA) JUST IN: Major publishers want to censor research-sharing resource Sci-Hub from the internet, but archivists are quickly responding to make that impossible #AceNewsDesk report | Ace News Services


#AceNewsReport – May.27: What this model is actually doing is profiting off of a restriction on article access using burdensome paywalls. One project in particular, Sci-Hub, has threatened to break down this barrier by sharing articles without restriction:

Activists Mobilize to Fight Censorship and Save Open Science: More than half of academic publishing is controlled by only five publishers. This position is built on the premise that users should pay for access to scientific research, to compensate publishers for their investment in editing, curating, and publishing it. In reality, research is typically submitted and evaluated by scholars without compensation from the publisher.

(BERLIN, Germany.) JUST IN: Antitrust watchdog launched a probe into Google over anti-competitive practices, it said Tuesday, wielding a new law that has already been used to scrutinize other United States’ tech giants #AceNewsDesk report | Ace News Services


#AceNewsReport – May.26: The investigation has “outstanding cross-market significance” due to the breadth of Google’s digital products, Cartel office head Andreas Mundt said:

German antitrust watchdog launches probe into Google: ‘The Federal Cartel Office will investigate the European units of Google in Germany and Ireland and its parent company, Alphabet, in California, it said in a statement’

by French Press Agency – AFP

Facebook deletes Ohio group that supports legal exemptions to COVID vaccine mandates | Aletho News


By Tom Parker | Reclaim the Net | May 13, 2021

The Facebook group for Ohio Advocates for Medical Freedom (OAMF), a non-profit that supports legislation that would give people exemptions to vaccine mandates, has been banned from Facebook. The group had 40,000 members and its President, Stephanie Stock said that Facebook banned the group for sharing mainstream news articles. OAMF describes itself as an advocate for “your right to choose or refuse any medical treatment or procedure.” Recently, OAMF has been supporting House Bill 248, the Vaccine Choice & Anti-Discrimination Act. The bill’s sponsor, State Rep. Jennifer Gross, describes it as “legislation that protects individuals who choose not to be vaccinated from discrimination due to vaccine status.” The removal of this group follows Facebook deleting a 120,000-member group where people shared stories of alleged adverse vaccine reactions last month. Facebook’s current rules prohibit a wide range of vaccine-related posts including posts claiming vaccines are ineffective, posts claiming vaccines cause blood clots, and posts claiming vaccines change people’s DNA (something Facebook CEO Mark Zuckerberg told his staff during an internal July 2020 meeting). Facebook also labels any posts discussing the vaccine with “credible information about the safety of COVID-19 vaccines from the World Health Organization.” The tech giant’s increased censorship and editorialization of posts about vaccines follows pressure from Democratic Party Senators and State Attorneys General who have pushed the company to “address” prominent vaccine skeptics and kill vaccine skepticism. Before this Facebook censorship, OAMF had its video of legislative testimony before the Ohio senate removed by YouTube in February. The video featured testimony in support of a bill that would allow state lawmakers to vote against the governor’s coronavirus lockdowns but was removed by YouTube for violating its “coronavirus misinformation” policies.

Legislature Passes Bill Banning Social Media Companies from ‘Deplatforming’ Political Candidates – The Mad Truther


By Erin Coates | Strategic Culture Florida’s Republican-led Legislature passed a bill on Thursday preventing Big Tech companies from kicking political candidates off their platforms. The bill, which was expected to be signed into law by GOP Gov. Ron DeSantis,… Read More ›

White House Weighs Whether To Back “Open Vaccine” Push Opposed By Bill Gates, Big Pharma


As the latest wave of India’s COVID-19 outbreak metastasizes into a full-blown crisis, India and other developing economies are seizing the opportunity to push back against the Bill Gates-backed status quo that prioritizes the intellectual property rights of big pharma […]

How to De-Google – “Solutions Watch” with James Corbett


By The Corbett Report Remember when Google was just a search engine? In the age of Gmail and Google Drive and Google Maps and GooTube… How to De-Google – “Solutions Watch” with James… Go to Source Author: Activist Post