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11 June 2013

I Have Been Trying To Find A Easy To Un

by Code Monkey

Adam
Plattner{.author-photo}Adam Plattner{.author} - 2013-06-11 09:34:33-0400[

I have been trying to find a easy to understand definition of “Quantitative easing” the blog Mandelman Matters recently posted the best definition I have read in awhile.\ \ “Bernanke loans money to the banks and broker/dealers who give him various pieces of paper as collateral for a few weeks and then they pay the money back and Bernanke  gives them their worthless pieces of paper back and next month he does the whole thing all over again… and somehow THAT makes the stock market go up…”

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