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Thread: US monetary policy explained

  1. #1

    US monetary policy explained

    http://www.youtube.com/watch?v=7GSXbgfKFWg

    is it any wonder our economy is sh*t? when you factor in all the OTC derivatives that the government now guarantees, less than 1% of the money in the system represents something tangible.

  2. #2
    That is a funny video, but the context that you presented here makes me angry as hell.We are in some real trouble here.

  3. #3
    Jets Insider VIP
    Join Date
    Nov 2004
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    So why does Obummer keep Bernanke around?



    because Bernanke has delayed the inevitable while Obummer is still in office with his "Quantitative Easing" bull****.

  4. #4
    QE is nothing more than WELFARE to the rich.

  5. #5
    QE devalues our currency. Everyone loses. But the politicains can spend more funny money. Nice!

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