Saturday, November 13, 2010

The Economy - A Video Explanation

So let's get this straight. The Federal Reserve is currently engaged in what they call "Quantitative Easing," a fancy term for printing lots and lots of money.

$600 billion dollars worth on this latest round.


This video explains the rest and how Goldman Sachs is skimming a hefty percent off the top on account someone decided to run the whole deal through them.

Be afraid America, be very afraid.