QE2 (Quantitative Easing) Explained

[Stereodude]

This would be rolling around on the floor hilarious if it wasn't so sad at the same time.

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

 

[Stereodude]

Really, no one cares about the Federal Reserve devaluing the dollar by just printing money and setting the stage for rampant inflation? Or did the fancy name do it's job and throw everyone off?

 

[TLS Guy]

This would be rolling around on the floor hilarious if it wasn't so sad at the same time.

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

That video is right on every count! Spot on.

 

[Stereodude]

That video is right on every count! Spot on.

But do you have a nice beard? If so you might be qualified to run the Federal Reserve.

 

[rnatalli]

There are TSA agents feeling up 3-year-old girls and people are barely complaining so I don't see why people would care about inflation.

 

[Stereodude]

There are TSA agents feeling up 3-year-old girls and people are barely complaining so I don't see why people would care about inflation.

Point taken, but... If you don't fly the whole TSA thing is of limited interest to you. However, pretty much everyone is impacted by inflation.

 

[TLS Guy]

But do you have a nice beard? If so you might be qualified to run the Federal Reserve.

No! But I don't believe I'm corrupt either.

 

[Stereodude]

No! But I don't believe I'm corrupt either.

I don't think being corrupt is a prerequisite for the job. It comes naturally to those who fill the position.

"Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton

 

[STRONGBADF1]

It is truly amazing how ridiculous the American government has become. Thanks for the laugh...and cry.

 

[m-fine]

Inflation is great! It makes all your debt shrink. Just make sure you have lots of US debt and no domestic assets and you win! You may have trouble finding food and clothing, but who cares? Your mortgage will shrink and so will the Federal debt!

 

[Chu Gai]

I feel very stimulated.

 

[Stereodude]

I feel very stimulated.

You're not supposed to feel stimulated, you're supposed to feel inflated. They couldn't even get this right.