Feb 07

Quantitative Easing for Dummies

Let’s just for a moment dream a bit and pretend you are the head of a central bank, say the Federal Reserve - or even better, the owner of such an institute.  Speaking of which, did you know that quite a few central banks are privately held institutes?  In that sense, there is not much ‘federal’ about the Federal Reserve, and if some indications are right, it’s not a ‘reserve’ either…!.  Mull over this for a bit: the most influential countries have handed over the right to print money to some privately held institutes, can you believe that? Continue reading »

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google
  • Blogosphere News
  • Propeller
  • Technorati
  • TwitThis
  • BlinkList
  • blogmarks
  • BlogMemes
  • E-mail this story to a friend!
  • feedmelinks
  • Live
  • MisterWong
  • Slashdot