Originally Posted by
skylinejack
QE ?? Help me out. I'm little lost on this one.
It's short for "quantitative easing", one of those stop gap measures the gov has been trying to use to prop up the economy. They have used this 3 times last year in which they buy back their own bonds in an effort to keep long term interest rates down. If interest rates rise too much the obligations on our government debts spiral out of control and we all prepare for the inevetable train wreck. That's my understanding of it anyway.
Edit to add, as of yet I have heard nothing of a fourth round of QE being planned.
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