Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $17,324
21%  
Woo hoo!! And we're now over 21%!! Thank you all very much!! God bless.

Keyword: monetaryeasing

Brevity: Headers | « Text »
  • A $600 Billion Failure

    07/09/2011 6:43:10 AM PDT · by Kaslin · 47 replies
    Townhall.com ^ | July 9, 2011 | Bob Beauprez
    Last November, the Federal Reserve Bank announced that it was ramping up the printing presses one more time in an effort to "stimulate" the economy.   The plan was called Quantitative Easing-2, QE2 – a high-falutin name that suggested most of us commoners couldn't possibly understand it, nor should we even ask questions.  QE2 was the $600 billion sequel to the first big run that the Fed had taken at jolting the economy back to life.  When added to QE1, $2.3 trillion was pumped into the economy; a completely unprecedented effort.   The flood of newly printed cash from QE2...