Quantitative Easing (and The Ben Bernanke) Explained, or Not

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Yes, this is hilarious … as is our world’s current financial situation, if you have a irrepressible sense of humor or a sense of the absurd. Truly, that we are putting up with it is comical.

“What does that mean?”

“It means that they are going to print a ton of money.”

“Why don’t they just call it [...]

Changing the Paradigm of Money

While the Fed congratulates itself on what it’s pulled off over these 100 years, “Scandal is spreading across Wall St like a very bad case of poison ivy. It seems as good a time as any to reconsider the paradigm we are holding of money and [...]

Fed Refuses to Disclose Identity of Recipients of $2 Trillion in Loans

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via Bloomberg.com:
Worldwide

Nov. 10 (Bloomberg) — The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral. [snip]

Bloomberg News has requested details of the Fed lending under the U.S. Freedom of Information Act and filed a federal [...]