Meb Faber revived Ben Bernanke’s line on quantitative easing: it works in practice, but not in theory. The remark underscores a persistent gap between monetary

Meb Faber revived Ben Bernanke’s line on quantitative easing: it works in practice, but not in theory. The remark underscores a persistent gap between monetary policy models and real-world market outcomes that investors still have to price in.