To: Hojczyk
Pardon my ignorance friend but what is “QE3”? Thanks in advance for any reply, It will be appreciated.
41 posted on
06/20/2012 10:54:44 AM PDT by
JerseyDvl
(Cogito Ergo Doleo Soetoro, ABO and of course FUBO!)
To: JerseyDvl
QE3 would be a third round of “quantitative easing.” This a mechanism for the Fed to inject money into the economy by through banks. The result is inflation in world commodity prices like oil. wiki’s description is OK.
43 posted on
06/20/2012 11:11:31 AM PDT by
DrDavid
(George Orwell was an optimist.)
To: JerseyDvl
47 posted on
06/20/2012 11:24:12 AM PDT by
fr_freak
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