Monday, June 13, 2011

Qunatitative Easing in Plain English

Ben Bernanke, Chairman of the Federal Reserve System, is a master of using obfuscating terms to assure Americans that "all is well" when, in fact, it is anything but.  In the following video, Dan "Boomer" Girolmo offers a very clear and down-to-earth way to understand one of Bernanke's key smokescreens--namely, "Quantitative Easing."