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Message:: [QUOTE="LEG END, post: 1028901, member: 26139"]It took me a while to learn what the fedspeak term "Quantitative easing" means. Right now they are buying back previously issued treasury notes at these low treasury set prices. That means Billions and Billions of dollars are entering the economy all at once. For some reason, easing means they want to make it easy to get dollars. Their convoluted rationalle is that more dollars stimulates business. If you check your calenders and use the WayBack machine, we had just such an easing back in the 1970's, and it was called inflation. So they CUT borrowing rates recently to stimulate the economy. Then they ditch gobs of paper on us in a way sure to increase inflation. Does anyone remember what they RAISED the interest rates for, which collapsed the housing market by making homeowners with baloon mortgages? Well they said it was to slow the overheated economy. So they increase borrowing rates to slow inflation, then they lower lending rates, with the stated purpose of getting the sluggish economy moving. More money means more dollars bidding on the same or even lesser levels of goods. Housing is kaput. They speak with two tongues. Hold onto not only your hats, but your wallets too.[/QUOTE]