Just what is Quantitative Easing and why do we need more of it? Here is the simple answer...
They still call it Quantitative Easing?
Yes.
But we exposed that as a fancy way of saying printing money.
Quantitative Easing still sounds better at cocktail parties.
Why would they want to print more money?
Unemployment is still too high.
Isn't that what the first round of Quantitative Easing was supposed to fix?
Yes, but it didn't, and that's why we had the second round.
So, round two was supposed to fix round one?
Right.
Then why will we need round three?
To fix round two.
What if that doesn't work?
There is always round four. [or QE infinity]
