Today I was planning on a post about Quantitative Easing (QE) today, because it seemed to me that it would never work. However, today, Randy Wray beat me to it with another great post, this time at ND20, reviewing the whole situation in detail, placing it in political context, and explaining why it’s very unlikely that it will allow the economy to recover much more than it has already. Here are some key quotes from Randy’s piece.
|By: dingusansich Saturday October 2, 2010 10:54 pm|
An attempt to put 2 and 2 together when it comes to Fed funny money.