Roo
Member
- Dec 13, 2015
- 41
- 3
QE?Which policies?
QE?
Check, we did.
NSA warrantless surveillance?
Check, we did.
Afghanistan?
Check, we did.
Iraq?
We're rejoining the fray, check.
War?
Check, Syria and Libya both on Bammy and Hitlery.
I'm sorry what was your question?
Check, we did.
My question is -
"What kind of a fucking nitwit believes that the Executive Branch runs monetary policy?"
(smile) I'm glad you asked.....
What Branch controls the Treasury Dept?
I'm sorry you didn't take the hint......Monetary policy is within the jurisdiction of the Federal Reserve........
OOOOO no, sorry
Tell me what you think QE is?
Uh.....yeah..........
Quantitative Easing is a strategy employed by the Federal Reserve wherein it buys assets and put them on its balance sheet.......this facilitates liquidity for banks, which had previously been hamstrung by the presence of these assets on its balance sheets - against which they were obliged to hold reserves....
Let's drill down a bit
In QE what was the FED buying?