Saturday, November 13, 2010

QE2 Is No Boat, But It Is Costing Us A Boatload!

I was going to write out a long form post explaining QE2 (quantitative easing), I have been reading up and getting all the lingo sorted out so I could make it as clear as possible. Jump ahead two hours and I found this little gold nugget. Thanks to Karl Denninger for making it so clear and easy.

I wouldn't have done any better, remember folks if shooting yourself in the foot doesn't work the first time, shoot the other foot and see if that makes it all better.

1 comment:

  1. hello.
    may i know is the QE2 can draw back.after rescue the MARKET?

    i means the money after print.
    let say market is flow with 1 trillion. and country print another 500billion.(market= 1.5trillion)
    can it go back to original situtaion (market=1 trillion) after the STEP of QE2 is success??