Monday, November 22, 2010

Quantitative Easing

Before too much time passes, for 2302, some background on the concept of "quantitative easing" which is a technique used by the Federal Reserve Board to inject cash into the U.S. economy. The technique is being considered in part because while some argue additional stimulus is needed to continue priming the economy, Congress has no intention to do so, so the Fed has the means to do it independently. Normally the Fed would simply lower interest rates, but they are set close to zero, so that's not an option.

- Wikipedia: Quantitative Easing.
- Support from US News.
- 9 Reasons why it is bad for the economy.
- Kicking the Fed.