After the Fed recently announced their plans to begin a new $600B phase of quantitive easing, or QE2 as it is commonly being referred to, a lot of people have voiced up their viewpoints.
As some of my readers may not know what quantitative easing is, let me give a basic description of it. QE is a way for our central bank, the Fed, to increase the supply of money in the economy. They do this by purchasing government debt Continue reading