Banking | November 16, 2010 | 0 comments

Quantitative easing explained

maasanova
Quanititative easy is nothing but the prinitng of funny money, the only option that the Federal Reserve has to prop up the US economy. The influx of printed money deminishes the overal value of the dollar, causing the prices of goods and services to rise.

Notice that neither the Democrats nor the Republics have a say on what the Federal Reserve does printing an additional $600 billion in future debt payments.
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