Quantitative Easing
The Rest of the World Hates Bernanke’s Quantitative Easing
Even as Barack Obama and Ben Bernanke publicly defend the Federal Reserve’s new $600 billion quantitative easing program, top finance officials around the globe are expressing alarm and outrage. But what did Obama and Bernanke expect? “Quantitative easing” is little more than legalized cheating.
The Economic Collapse
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