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QE Explained

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Here is an entertaining video that helps explain what Quantitative Easing is, and who in general benefits from it. I especially like the part about Bernanke being so dumb as to want to raise prices in a recession.

[youtube=http://www.youtube.com/watch?v=PTUY16CkS-k?version=3]

Mike “Mish” Shedlock
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Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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