QE or Quantitative easing is an unconventional monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective. A central bank buys financial assets to inject a pre-determined quantity of money into the economy. This is distinguished from the more usual policy of buying or selling government bonds to keep market interest rates at a specified target value. A central bank implements quantitative easing by purchasing financial assets from banks and other private sector businesses with new electronically created money. This action increases the excess reserves of the banks, and also raises the prices of the financial assets bought, which lowers their yield. - wikipedia
Or in layman's terms....the printing of more fake money resulting in devaluation.
The fake manipulated markets have been going in a down hill spiral since 2008. They're now preparing for another economic stimulus which consists of printing more money. This money is printed and then given to the banks to loan out to individuals to spend on goods and service thus pushing the economy back into the positive direction.
The only problem is...most of the goods and service consumed by the number one consuming nation (America) doesn't produce much of anything anymore. Thus the spending that will take place will aid the other countries that produce the products we consume. :-/
Looks like they'll be firing up the money presses this fall. Get ready for inflation. Better start stocking up on non-perishable foods and water.
Story linked here
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