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Explaining Ben Bernanke's QE2

Quantitative Easing. What the Fed announced yesterday at 2:15, didn't get a whole lot of attention. The stock market is going through the roof because of it. What is it? Quantitative Easing is where a country's central bank, i.e., the Federal Reserve, tries to boost the economy by increasing lending by increasing the money supply. How do they do that? Well, the Federal Reserve announced they're gonna purchase about $600 billion in Treasury securities. That's about $75 billion per month for...

Rush's Morning Update: Magnitude November 5, 2010

Rush's Morning Update: MagnitudeNovember 5, 2010Watch It! Download Morning Update Video in QuickTimeListen to It! Windows Media Player|RealPlayer Well, it may take a while before the final totals are in, but Republicans could end up with a 65-seat pickup in the House. Three Democrat House committee chairmen lost: Ike Skelton of Missouri, who chaired armed services,South Carolina's John Spratt, who ran budget,and Jim Oberstar of Minnesota, who chaired transportation. As The Washington Times...

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