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Do you see any benefits or positive that has come from quantitative easing?

Just curious if someone can give me some solid reasons to think that quantitative easing is a good idea, considering our government is looking at possible QE3.

I guess they just want our dollar to be worth absolutely nothing. When we haven't seen anything positive come from their other attempts by using QE, why should they consider another round?

http://www.bloomberg.com/news/2011-06-07/it-s-bubble-time-as-asia-braces-for-fed-s-qe3-william-pesek.html

 
QuinnMae

Asked by QuinnMae at 10:58 AM on Jun. 8, 2011 in Politics & Current Events

Level 48 (291,795 Credits)
This question is closed.
Answers (10)
  • The only benefit I see is if Obama's goal is to debase US currency and drain revenue from any chance of a self sustaining solid economy...
    And yes.. QE is to 'expand the balance sheet'.. Which equates to printing more money.... Uggggggh..... Econ 101 "one" can control the price of goods/services, or the quantity, but not both at the same time.... The BO admin is an economic EPIC FAIL.
    grlygrlz2

    Answer by grlygrlz2 at 12:20 PM on Jun. 8, 2011

  • No... Third time is NOT the charm......
    grlygrlz2

    Answer by grlygrlz2 at 11:07 AM on Jun. 8, 2011

  • WTF does Quantitative Easing even mean? Sounds like something an economist made up to sound like he had a solution to a problem.
    UpSheRises

    Answer by UpSheRises at 11:47 AM on Jun. 8, 2011

  • WTF does Quantitative Easing even mean? Sounds like something an economist made up to sound like he had a solution to a problem.


    ***


    Here you go...a cute cartoon that explains it all!! :o)


    http://www.youtube.com/watch?v=PTUY16CkS-k

    LoriKeet

    Answer by LoriKeet at 12:16 PM on Jun. 8, 2011

  • Ummm With # 1 they dug the hole and with # 2 they dumped our children in. Should allow them to cover them up now?
    That would be NO!
    itsmesteph11

    Answer by itsmesteph11 at 12:19 PM on Jun. 8, 2011

  • Eee Gads No! Will someone just take away their printing press! Printing valueless money will only make things worse!
    yourspecialkid

    Answer by yourspecialkid at 3:39 PM on Jun. 8, 2011

  • For those that aren't sure, this is a good article explaining it. Many people refer to it as the Fed printing more money.

    QuinnMae

    Comment by QuinnMae (original poster) at 11:52 AM on Jun. 8, 2011

  • Sounds like something an economist made up to sound like he had a solution to a problem.


    In reality, that's pretty much it.

    QuinnMae

    Comment by QuinnMae (original poster) at 11:53 AM on Jun. 8, 2011

  • Explaining the risks:


    Quantitative easing is seen as a risky strategy that could trigger higher inflation than desired or even hyperinflation if it is improperly used and too much money is created.


    Some economists[who?] argue that there is less risk of such an outcome when a central bank employs quantitative easing strictly to ease credit markets (e.g. by buying commercial paper), whereas hyperinflation is more likely to be triggered when money is created for the purpose of buying up government debts (i.e. treasury securities) which in turn can create a political temptation for governments and legislatures to habitually spend more than their revenues without either raising taxes or risking default on financial obligations

    QuinnMae

    Comment by QuinnMae (original poster) at 12:03 PM on Jun. 8, 2011

  • there are those darn bears again...Lol
    I love'em!!!!!
    Anonymous

    Answer by Anonymous at 1:14 PM on Jun. 8, 2011

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