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Do you know where your MONEY is going? QE2 - Quantitative Easing
 
Thanks to Jeff for another enlightening post as this is a subject in which I - like many, many concerned citizens -  have had a great deal of interest.
Although I am crying on the inside, this video had me laughing so hard, I thought I would choke. 
 
 
No, it's not Christmas time, but I guess the government feels like it's time to spend again. Do you have a spot in line for your handout?  The economy is not growing quickly enough, so the economists and the Federal Reserve feel the need to spend more. Besides, there is good fear of deflation and the need for keeping prices higher. So what is Quantitative Easing? -  Quantitative Easing from wikipedia - And we have been through this before. when the government spent an initial $600 billion in November of 2008. Four months later, the Fed added another 1.8 trillion.
So the government is spending $600 billion more on U.S Treasury securities, after spending 2 trillion the first time around. But wait, the federal Reserve has announced that they will be spending another 250 to 300 billion on more U.S. Treasury securities. This other spending is from the proceeds of ... more

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