UK: QE and its ‘wealth-effect’ - Shaun Richards

Shaun Richards from Not A Yes Man Economics, while talking to Tip TV's Zak Mir, weighs in on the so called 'wealth effect' of the Bank of England's (BOE) QE. Richards also details the how policymakers prepare the ground of uncharted territory in interest rates by sending contradictory feelers. This forces us to believe official denial is almost always confirmation.