Spotlight G-20: Quantitative Easing: Crippling Costs for Developing Countries

Kevin P. Gallagher
Part of a Triple Crisis series leading up to the Nov. 11-12 G-20 meetings.

In response to his opinion article in the Guardian, Triple Crisis blogger Kevin Gallagher was interviewed by the Real News Network on the consequences of the Fed’s proposed quantitative easing and its implications for G-20 leaders currently trying to prevent a “currency war” at the Seoul summit.

Read more on Gallagher’s work on capital controls and foreign investment.

One Response to “Spotlight G-20: Quantitative Easing: Crippling Costs for Developing Countries”

  1. The Case for Controlling Capital Outflows says:
    January 23, 2011 at 3:39 am

    […] they do not need; much of this money originates via the carry trade from the second wave of US quantitative easing (QE2). The intent of the US Federal Reserve is to expand the supply of credit in the US, so as to […]