link: http://bit.ly/1KzpCNy
Hot And Trending...
Trending
- RT @tomselliott: That CEO who raised everyone's pay to$70K? Turns out he was just trying to fend off a lawsuit. And he's a wifebeater http://bit.ly/1PsGND6
- Blame central bankers for creating an “empty calorie currency” that even Toblerone can’t avoid:… https://t.co/prp3BkZnyv
- Investors need to consider that gold may fall to $350 an ounce
- Negative Interest Rates: A Golden Opportunity http://bit.ly/1S3gZJk @SchiffGold
- Fed Up Friday – The markets may be betting for a Fed rate hike that will never arrive: https://t.co/jdHrYJEEwK https://t.co/4XtNUhZO7D
- Against Austrian business cycle theory
- Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month http://t.co/nhPTUvDSkt
- If Spending Is Our Military Strategy, Our Strategy Is Bankrupt
- Aug. manuf. PMI unexpectedly fell to 52.9, the lowest level since Oct. 2013 and the biggest miss verses expectations in 2 years!
- Peter Thiel on the Virtues of Monopoly
Wednesday, July 29, 2015
Trying to write a very concise explanation of what the Fed does when it engages in QE. Help appreciated
I'm writing only what it *does*, not *why* or *what* happens after, just the mechanical explanation of what actions are taken during QE. **The Federal Reserve wires a quantity of fiat money, that didn't exist before, to financial institutions in exchange for bonds.**