“Quantitative Easing” it is called. As a refresher for readers with real lives and better things to do, QE is how central banks describe what is essentially an act of counterfeiting. They buy bonds with money created – electronically – specifically for that purpose.
May 25th, 2009 | Bill Bonner | 6 comments | Continued
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All Ordinaries 4343.400 +20.800
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2012-02-13 22:16 Most Comments
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