Curbed contributor and Jonathan Miller left his eye patch at home and donned his best tie to appear on Bloomberg TV so he could discuss the latest round of quantitative easing and how it probably won’t help the housing market too much. Yes, that’s right. Lowering interest rates and keeping them this low is actually not going to make much of an impact, says he. He followed up with a post on his blog with some more thoughts (and a reminder of Einstein’s definition of insanity). The quick video is after the jump.
· Are low rates improving the housing market? [Bloomberg/WaPo]
· Bloomberg Surveillance 9-18-12 QE3, Low Rates and Housing [Matrix]
· @jonathanmiller [Twitter]
· Talk Like A Pirate Day [Official Site]