"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Easings Aren't Easy
Submitted by Westernerd on Thu, 2012-10-11 03:00
QE infinity is choking the last resemblance of a free economy.
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Quantitative easing is real easy if you are on the recieving end of things.
Like trading worthless mortgage back securities (MBS) for US treasuries on par with the MBS's bogus market valuations.
It was real easy.