QE Disables Firms From Investing

It is often stated that an objective with so called quantitative easing is to induce firms to invest more. But as is reported here, quantitative easing in Britain have, by lowering interest rates of bonds held by private companies' pension funds created a big shortfall in those funds, compelling firms to divert money from investments to filling the shortfall in those funds.

Some advocates of inflationist policies view harming creditors as something positive, yet creditors are to a large extent pension funds for ordinary workers, meaning that either money must be diverted from investments to compensate for the damage or worker's pensions must fall. In Britain's case we are seeing both, the first to the extent nominal interest rates have been surpressed, the latter to the extent inflation reduces the real value of the pensions workers have a right to.