Tag Archives: quantitative easing

Jack Rasmus: The Fed, Quantitative Easing and jobs

September 16, 2013

Jack Rasmus, Federal Reserve Chair

Over the past five years the U.S. central bank, the Federal Reserve (Fed), has printed nearly $4 trillion in liquidity (money) which it has provided to banks and professional investors. This is called ‘Quantitative Easing’ (QE). QE means the Fed essentially prints money and buys bonds—mostly toxic subprime mortgages to date—from institutional investors (i.e.

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