November 13, 2010

The Prudent Investor posts brilliant video ..

A Brilliant Explanation of Quantitative Easing i.e. Money Printing

Prudent (Toni Straki) says: Under Bush, Bernanke only blew up the US economy. Under Obama he is on the way to ruin the whole world. And Goldman Sachs collects fees on all transactions.
Worth watching to the last second (h/t John Hempton.)

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