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Economy
DonÂ’t give up on quantitative easing: We can have our cake and eat it too
2009-10-16
Posted by:tipper

#3  ION BHARAT RAKSHAK > US DOLLAR TO HIT 50 YEN, CEASE TO BE GLOBAL CURRENCY RESERVE: SUMITOMO MITSUI BANKING CORPS SAYS.

* SAME > [Global]RECESSION WILL TURN INTO [Global]DEPRESSION. Asset Management, Inc. Nippon Pert says WALL STREET, NOT MAIN STREET [US Consumers], IS THE ONLY ONE MAKING ANY MONEY.

IHO POTUS Bammer's various stimuli packages has had only a minor or trifling effect on the general US economy, + Year 2010 will likely prove MORE RISKIER than 2009???
Posted by: JosephMendiola   2009-10-16 23:24  

#2  Printing money is a transfer of wealth from savers to borrowers.
Posted by: Bright Pebbles   2009-10-16 19:58  

#1  Quantitative easing in layman (and woman) terms is printing money.
Posted by: phil_b   2009-10-16 14:30  

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