Sunday, 17 October 2010

Quantitative easing makes a comeback in the USA

Never happy are they. Inflation was too high, because there was too much money. Now inflation is too low, so they have to print some more money (1).

A cynic might wonder if they were making it up as they go along, or at least changing the rules when it suited them.
1 - "Fed's Bernanke signals new round of quantitative easing," unattributed article. Published by the BBC, 15th of October, 2010. (http://www.bbc.co.uk/news/business-11551993)
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