Kevin Spires, CFA, FRM
I will just leave it to the xtranormal bears to explain what Quantitative Easing is all about...
I will just leave it to the xtranormal bears to explain what Quantitative Easing is all about...
(xtranormal video by Omid Malekan www.omidmalekan.com)
Easy monetary policy is all about trying to fool investors and consumers into bringing activity forward in time. It is amazing that Bernanke is reacting in such a pavlovian fashion to the markets. The market drops and Bernanke trys to prop it up with Quantitative Easing. I just wish the Fed would adopt a simpler approach so the markets can stop speculating and get back to allocating capital to those industries that are likely to earn sustainable long term profits.
Easy monetary policy is all about trying to fool investors and consumers into bringing activity forward in time. It is amazing that Bernanke is reacting in such a pavlovian fashion to the markets. The market drops and Bernanke trys to prop it up with Quantitative Easing. I just wish the Fed would adopt a simpler approach so the markets can stop speculating and get back to allocating capital to those industries that are likely to earn sustainable long term profits.
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