Banks betray Obama and Fed for higher Profits with QE3
October 30, 2012. New York. QE1, QE2 and QE3 – we’ve all heard of them. But what are they and are they working to help America out of its economic collapse? It stands for Quantitative Easing, three rounds of it now. It’s a term Wall Street and Washington came up with to name their experiment of printing US currency by the trillions and handing it over to the world’s largest banks. But instead of helping Americans, it looks like it will actually hurt them instead.
Submitted by whiteoutpress
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