Quantitative easing is an emergency monetary policy used during recessions. The Federal Reserve plans to buy $40 billion every month in mortgage-backed securities in the open-ended QE3 until the labor market improves significantly. QE3 is the third round of buying long-term bonds that the Fed will be using to target unemployment, which is a very [...]
Tag Archives | QE3
Douglas Hammond For those who are logic-minded, the current state of the world can, unfortunately, be seen as a function of Europe. The age of decoupling has ended, and the era of globalization has begun. The effect of the EU on the U.S. is quite obvious, and I will give two simple examples from [...]
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