Topic: Qualitative Easing

Jim Marrs criticizes the "qualitative easing" policies following the 2008 financial crisis, stating that $700 billion in taxpayer money was used to prop up major banks rather than stimulate the middle class. He notes that Bank of America, Citigroup, JP Morgan, and Wells Fargo saw deposits increase by over a trillion dollars. Marrs argues that these banks used the funds to invest in the stock market on margin, creating a false sense of economic recovery.