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Quantitative Easing - What Does It Mean?
The Fed has been buying, i think, about 90 billion a month. They're going to cut that back to 60 billion a month and a that'll continued. When you do that, what you're doing is you're giving somebody that owns those bonds money,. So the fed ring o moneylessly. And then we're busy in a get ain that means, to people who don't know what they've been purchasing or whyin quantityof easing is kind of a weird term.