As posted to Malekanoms YouTube Channel on 11/11/10

(Run Time: 6 minutes, 48 seconds)

Quantitative Easing Explained . . . Again?  Why “Again”? That’s because I originally posted this clip as Blog Post #150 way back on 11/17/2010 when it was hot off the presses.  Now . . . 9 years later, the powers-that-be have learned nothing.

On 10/16/2019, the Wall Street Journal (WSJ) released an article entitled, “The Fed Is Buying Treasurys Again. Just Don’t Call It Quantitative Easing“.  The article alerts the reader to the fact that, on 10/15/2019, The Federal Reserve began buying short-term Treasury debt Tuesday at an initial pace of $60 billion a month, but officials say these purchases are nothing like the bond-buying stimulus campaigns unleashed by the central bank between 2008 and 2014 to support the economy. To counter those throwing up their hands yelling, “quantitive easing!” Fed Chair Jerome Powell, went on record saying that:

“This is not QE . . . in no sense is this QE”.

The WSJ article will give you the official explanation for what is happening.  After you read that, watch “Quantitative Easing Explained” (“again”, if you’ve been with me since 2010) and get a chuckle from this very entertaining (albeit disturbing) clip of what is actually happening.  Comments are encouraged!

(This is Blog Post #638)

Malekanoms is the YouTube Channel of Omid Malekon, whose “. . . greatest pleasure in life is finding a way to explain the seemingly unexplainable”.  More information on Omid’s projects can be found at omidmalekan.com