And what does it mean? It means inflation. Lots of it. Very likely out-of-control inflation.
Tuesday, December 15, 2009
Quantitative what?
Quantitative easing is simply the central bank printing money out of nothing. Really just adding it to the accounts of the Federal Reserve. The chart below is hotlinked directly from the St. Louis Fed website. Note that it is still spiking straight up.
And what does it mean? It means inflation. Lots of it. Very likely out-of-control inflation.
And what does it mean? It means inflation. Lots of it. Very likely out-of-control inflation.
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"And what does it mean? It means inflation. Lots of it. Very likely out-of-control inflation."
When?
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