newmogul

“In economic circles, there has been a lot of buzz about Quantitative Easing of late.  Basically, the U.S. Federal Reserve has lowered interest rates to near zero percent and the fear is that these cuts will not have enough effect on the willingness to lend in order to reflate the U.S. economy.  Therefore, the Fed has decided to take more draconian measures, one of which is Quantitative Easing, flooding the economy with money.” source...