This blog attempts to educate people about how our economy works and to provide updates on what is going on in the economy that may affect them (See personal story at the bottom of the page). Neither this blog nor I are investment advisors, any opinions posted on this site are my own. Please seek a professional investment advisor to fit your personal investment goals.
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Monday, September 27, 2010
QE over 1 Trillion Confirmed
Zerohedge posted today that the FED's QE2 has been confirmed and will top 1 Trillion dollars. This Post is a summary of an article by Jon Hilsenrath of the Wall Street Journal that described how QE2 will unfold. The Fed cannot do 1 Trillion at once, as it would have massive impacts on the markets, so it will be done over 12 months. [ Read more ... ]
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