A wise and frugal government which leaves men free to regulate their own pursuits of industry and improvement. This is the sum of good government. - Thomas Jefferson
A wise and frugal government which leaves men free to regulate their own pursuits of industry and improvement. This is the sum of good government. - Thomas Jefferson
Quantitative Easing = Government Money Printing
Posted by Anthony Coralluzzo on 1st December 2010 9:57pm
The term Quantitative Easing is used by the political and bureaucratic class, to confuse the plebs, and make something simple sound really complex and alien. A common tactic among the ruling class. Anyone can understand what it means. It means the government is printing money. Technically its the central bank, a government-created institution, that prints the money and then lends it to the government at interest. So, in fact, its worse than the government simply printing money. The government is printing money and then borrowing money from itself at interest, and sending taxpayers the interest bill. The following video regarding quantitative easing in the US, posted a couple of weeks ago, has already hit 3 million views. It's a stroke of genius.
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