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- New Silver Applications as Physical Supply Heads to Deficit @SchiffGold http://t.co/v9CvVa3LmZ
- Chinese Launch Gold Price Benchmark Further Increasing Influence on World Stage https://t.co/E0s7ei2xRB @SchiffGold
- Low Cost Vault Storage: A Solution for International Clients. https://t.co/arhCvxDUmb @SchiffGold
- @cherrymad_ Tulip bulbs, Beanie Babies, fool's gold, Pronzi scheme, chain letter, pyramid, etc.
- Luorio echoed what Peter Schiff & others have said about the disconnect between Fed rhetoric & actual economic data. http://bit.ly/2sQdoNj
- CNN Money Talks to Peter Schiff: Puerto Rico the Next Singapore? @SchiffGold http://bit.ly/1IPNHgU
- Ep. 279: My Take On Joe Rogan Redo: http://bit.ly/2xkmtxP via @YouTube
- CBC Report: Why Canada Has Debt (Interview with Rocco Galati, renowned constitutional lawyer suing the Bank of Canada for relinquishing Canadian sovereignty to private international bankers).
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.**