Quantitative easing, like foie gras, is controversial.  The gavage-based production of duck and goose livers is considered cruel to the animal, gorged helplessly as it is in a pen.  Central banks likewise perform a force-feeding, a monetary gavage of reserves forced onto the private bank balance sheet.  What makes it a peculiar practice is that the monetary farmer expects this gorged banking goose to then dance around carefree - honking out credit at every passing leaf or tussled blade of grass.  Since 2001 this 'monetary husbandry' has failed.  In Japan, the United States, Britain and Europe.  (Worse still, the result isn't a rich, buttery and delicate specialty that could be enjoyed with some mustard seeds and green beans in duck jus.)  In this episode we review three articles that delve even farther back in history, to the Great Depression, to show that similar sounding solutions didn't work then either.  The fear of unchecked inflation - "Weimar", for short - now that fiscal authorities and central banks are both encouraging the leaden economy to flap its wings is therefore misplaced.  At least, not until wholesale reform of process and procedures within the modern central bank.  Not until credibility and competence is prioritized over its credentials.WHERE@JeffSnider_AIP@EmilKalinowskiWHATWeimar Ben Didn’t Happen, So Now Weimar Jay?Weimar Thirties Didn’t Happen Because It’s What You Don’t See Everyone Knows The Gov’t Wants A ‘Controlled’ WeimarChicago Fed's Monetary Policy in a Lower Interest Rate EnvironmentWHOJeff Snider, Head of Global Research at Alhambra Investments with Emil Kalinowski, one of several people - along with Archibald Leach, Bernard Schwartz and Lucille LeSueur - who've never been in your kitchen.  Artwork by the Brunelleschi of our day, David Parkins.