How Quantitative Easing Became a Standing Target for Kirk's Guests

Showing 4 Quantitative Easing videos from Charlie Kirk's video collection.

Quantitative easing, the Federal Reserve's practice of creating new money to purchase financial assets during periods of economic stress, became a recurring subject of criticism across Charlie Kirk's economic commentary, both from expert guests and from children's educational material aligned with his worldview. Economist Brian Wesbury walked through the mechanics directly, explaining that the Fed's response to the 2008 financial crisis and the COVID-19 pandemic together added roughly eight trillion dollars to its balance sheet, expanding the broader money supply by trillions more, while now paying private banks roughly 200 billion dollars a year specifically to hold reserves rather than lend them out, a policy Wesbury argued effectively transferred taxpayer-funded losses to the banking system. Author Connor Boyack described building the same concept into a children's book series, explaining that his ABCs of Economics deliberately defines quantitative easing plainly as the Federal Reserve creating new money that makes existing dollars worth less, arguing the term itself functions as a euphemism designed to obscure what amounts to ordinary inflation. Kirk connected quantitative easing directly to Japan's economic stagnation, describing decades of the policy alongside high government debt as the combination he believed was now beginning to play out in the United States following a sharp market downturn. A financial guest speaking with Kirk about precious metals investing treated renewed quantitative easing as a near-certainty, arguing that historical patterns from 2009 to 2011 made gold and silver a rational hedge against the currency devaluation the policy tends to produce.