Rethinking Quantitative Easing

First, it’s time to address the term “Quantitative Easing” once again. It originated when the Fed pushed its target federal funds rate down to near zero, and people said, that’s it. That’s all the arrows in the Fed’s quiver. No, even after short-term rates reach bottom, you can still add to the quantity of money [...]



via Bob McTeer's Economic Policy Blog http://economyblog.ncpa.org/rethinking-quantitative-easing/