Tuesday, October 30, 2012

(#211) Quantitative Easing Explained


What the Federal Reserve is doing and how we got there

As posted on YouTube on 11/30/10




Film-maker uses computerized, monotone voices and anime-styled bears to explain the inexplicable: "The Ben Bernank's" rise to power and the Fed's collusion with Goldman Sachs to rob American taxpayers.

An earlier version of this clip previously appeared as The Profit Center's Blog #150 back in 11/17/10 right at the time QE2 was hatched.  I just came across it again and thought it was so spot-on that it deserved another airing to coincide with QE3.

Now, nearly two years since this clip was created, how is QE working for you?

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