QE2 for Dummies

Excellent video translating in plain English the entire economic mess, especially Bernanke's latest scheme to print more money or "quantitative easing":



Apart from this and whatever economic philosophy Bernanke believes, when the world's economy finally crashes, that should be the end of the cult of the Chicago School of Friedmanomics. This cancer needs to be excised instead of being continued.

No comments:

Featured Post

Kentucky Derby 2026 Results

 Golden Tempo has won the 152nd Kentucky Derby.  Jose Ortiz is the jockey.  It is his first Derby win.   This race is historic, for the  fir...