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Saturday, September 15, 2012

Operation Screw: The Fed goes all-in on QE

Operation Screw: The Fed goes all-in on QE

The geniuses at the Federal Reserve have concocted a bold new plan to revive the U.S. economy -- print a bunch of money, loan it to Americans at super low interest rates so they can speculate on rising real estate prices, extract the appreciated equity and spend it on consumer goods.http://www.foreignpolicyjournal.com/2012/09/15/operation-screw-the-fed-goes-all-in-on-qe/

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