Investor Tutorials is a new educational series from Real Vision meant to help investors better understand the most important market concepts. From the unknown to the chronically misunderstood, we'll focus on the ideas that matter most to help you wrap your head around the complex world of finance, business, and the global economy. In this pilot episode we look at QE. Even after 10 years of QE, 2020 was still a record-breaking year for this brand of monetary policy. There was a time, however, when QE was considered to be an unconventional policy tool. Prior to the 2008 financial crisis, interest rates were used to stabilize and control economic growth. But once those rates reached zero, QE was used to fill the void. With QE now a cornerstone of economic policy in the world today, it’s become more important than ever to understand what QE is, how it works and how it has failed. To help guide you through this QE conundrum, Real Vision is joined by Jamie McDonald, a retired Hedge Fund Manager with 10 years' experience on Wall Street, who will outline QE's place in today’s financial landscape.