Tuesday, October 25, 2011

QE 3?

Quantitative Easing policies have been put in place by Bernanke over the last 3 years. The real question is whether it has done anything. Different economists have differing opinions. The Federal reserve is basically pumping money into the economy to try and stimulate it. My big issue with it is that the money is not doing anything concrete to help the economy. The money does not go in to the economy, it just goes to bank to bank to bank. Still, no one is loaning, and unemployment is still high. I think QE3 should not occur but I think Bernanke feels he has no choice and has to do something and keep encouraging money to go around.

http://www.foxbusiness.com/personal-finance/2011/08/09/qe3-3rd-dose-quantitative-easing/

No comments:

Post a Comment