This is my favorite part. This is how most keynesians react when confronted with the harsh realities of QE. This and "the consumers just aren't spending enough." Ofc it's never enough QE and never enough spending. Meanwhile that creaking sound....
I'm a Market Monetarist, not a Keynesian.
Most Keynesians I've seen seem to think QE is a fairly weak tool, from a "complete control of policy" perspective, but that it remains, in certain circumstances, marginally better than the central bank doing nothing while the government also fails to execute fiscal stimulus when it is needed.