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Quantitative easing is basically the idea of the Fed Govt printing a whole lot more money, and paying off its debt with it.This causes significant inflation.Some people think it's a nice, painless way to paying off the National Debt.Until they find that the $20,000 they had saved up to buy that new car, now buys only $10,000 worth of stuff.That's how they find out who REALLY paid for the National Debt.Just theft, as I've said before. Only in a different guise.
Quantitative easing is basically the idea of the Fed Govt printing a whole lot more money, and paying off its debt with it.
This causes significant inflation.
Some people think it's a nice, painless way to paying off the National Debt.
Until they find that the $20,000 they had saved up to buy that new car, now buys only $10,000 worth of stuff.
That's how they find out who REALLY paid for the National Debt.
Just theft, as I've said before. Only in a different guise.
