An expansive monetary policy which increases the supply of money in the U.S.
Quantitative easing (QE) is a monetary policy used by some central banks to increase the supply of money by increasing the excess reserves of the banking system, generally through buying of the central government's … see full wiki
When it comes to innovation, America is a winner. Big time! When it comes to solving problems, America is a loser. Long Term! Wall Street, the Feds, the U.S. government... slowly but surely, I'm losing respect for all of them. Granted, I'm not a big timer in any of these, I'm just a world citizen. Looking at it from another perspective, I'm one of those voices around the world where we no longer know what they are doing. We don't even … more
Episode 2 of another nightmare some 2 years ago. 600 billions to the financial market? Whatever for? Been reported all over Asia as America's means of exporting inflation which is counterproductive. Not only does it not benefit U.S., it harms other world economies. Why do you think gold is now close to US$1400 an ounce and oil prices are escalating again?! Low interest rate to induce spending in a recessionary environment? Geez, can't they see that's what Japan did some 2 decades ago … more
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What's your opinion on QE 2 (Quantitative Easing Round 2)?