[JerseyDvl]

Pardon my ignorance friend but what is “QE3”? Thanks in advance for any reply, It will be appreciated.

[DrDavid]

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.

[fr_freak]

Here is a good explanation of quantitative easing, heh:

http://www.youtube.com/watch?v=PTUY16CkS-k