Here is an interesting article by Neil Macdonald about banks and quantitative easing.
Over the last few years I have wondered why there is no money left in my community and it looks like the answer is because the banks have it all.
from the article...
At the end of 2012, the balance sheets of the world's largest central banks, those of the G20 nations and the eurozone, including Sweden and Switzerland, totaled $17.4 trillion US, according to Bank of Canada calculations from publicly available data.
That is nearly a quarter of global GDP, and slightly more than double the $8.5 trillion these same institutions were holding at the end of 2007, before the financial crisis hit.
It makes me wonder if the "crisis" could have been engineered by people who sit around and figure out how banks can make more profit than they did last year.