Community | November 05, 2010 | 0 comments

GLOBAL POLITICAL AWAKENING: Fed's Quantitative Easing to Starve Middle Class Americans

source: http://globalpoliticalawakening.blogspot.com/2010/11/feds-quantitative-easing-to-starve.html

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GLOBALPOLITICAL
The Federal Reserve today announced that they will be implementing $600 billion in additional quantitative easing by the end of June 2011. The Federal Reserve will maintain its current policy of reinvesting principal payments from its security holdings and will expand its balance sheet by an additional $75 billion per month. The total announced balance sheet expansion was $100 billion higher than the public consensus of $500 billion. The Federal Reserve will continue to hold interest rates at record low levels of 0% to 0.25%, where they have been for nearly two years.

Read More: http://globalpoliticalawakening.blogspot.com/2010/11/feds-quantitative-easing-to...
  1. groups:
    Community,   Politics,   Health,   US Politics,   10 more
  2. tags:
    Inflation,  Global Food Crisis,  Quantitative Easing,  Food Shortages,  5 more
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