In case you missed it, hat tip goes to Mish at Global Economic Trends for posting this video explaining in layman’s terms what Quantitative Easing is all about. No comment necessary:
[youtube=http://www.youtube.com/watch?v=PTUY16CkS-k?fs=1] Contact Ulli
Comments 1
Ulli, thank you. I almost hurt myself laughing so hard. In the face of this logic, the only thing we may have left is our sense of humor.