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So back in 2008, we experienced a massive financial crash in the global economy.

In an effort to prevent a total economic meltdown, the United States government approved the

bailout of numerous banks and key structural businesses to keep the economy afloat.

During this time, the US Federal Reserve implemented an idea called quantitative easing.

And quantitative easing became so popular that other central banks around the world also joined

in on this technique. And it became a sought after tool to fix a sinking stock market.

So fast forward to today, and we still have some organizations like the European Central Bank

that are using quantitative easing, even though they've seen a massive jump in their stock market.

In some economies, we've seen it go up 100, and others we've seen it go up 300% from where the

2008 stock market crash occurred. On the other hand, central banks like the US Federal Reserve

are actually talking about the idea of undoing some of the quantitative easing efforts today in

2017. So on today's show, we found one of the smartest macro thinkers we could find to talk to

you about quantitative easing. And that's Mr. Grant Williams. Grant works at Real Vision TV.

He goes around and he interviews some of the smartest macro thinkers on the planet that

manage billion dollar portfolios. And he does this pretty much on a daily basis. So whenever you

hear this interview, I think you're going to be really impressed with how smart Grant is. We've

had him on the show before and every time we bring him on, we get such great feedback from our

audience. So in this episode, you'll learn quantitative easing is and how it works. But perhaps

more importantly, what will happen to the economy if the Fed decides to unwind the $4 trillion balance

sheet that accumulated over the past decade. So if you're ready, let's go ahead and do this.

You are listening to the Investors podcast where we study the financial markets and read the books

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