The great danger of Quantitative Easing 2 (aka QE2) and why we should worry about it

iVillage Member
Registered: 02-19-2008
The great danger of Quantitative Easing 2 (aka QE2) and why we should worry about it
4
Fri, 11-05-2010 - 2:42pm

Until recently I knew QE 2 as the Queen Elizabeth II which was a cruise ship. I always thought fondly of QE 2, I no longer do.

iVillage Member
Registered: 02-15-2007

iVillage Member
Registered: 03-18-2000

Isn't creating a controlled inflation preferable that deflation?

 


Photobucket&nbs

Avatar for kathaksung
iVillage Member
Registered: 04-11-2003
QE will hurt other countries:


Quote, "G20 finds common ground opposing U.S.

WASHINGTON | Sun Nov 7,


(Reuters) - The Group of 20 is beginning to look more like the G19 plus 1 as emerging and rich countries alike accuse the United States of breaking a vow of unity.

This week's G20 summit will require every bit of President Barack Obama's diplomacy skills after the Federal Reserve embarked on a new $600 billion bond-buying spree, sparking criticism from four continents that the U.S. central bank was ignoring the global repercussions.

Officials from Germany, Brazil, China and South Africa were among those expressing concern that the Fed's money printing could weaken the dollar, drive up commodity prices and send uncontrollable waves of investor cash into emerging markets.

http://www.reuters.com/article/idUSTRE6A62BC20101107?pageNumber=1
iVillage Member
Registered: 02-15-2007