Posts Tagged ‘federal deficit’
Why QE2 Failed: The Money All Went Offshore
Why QE2 Failed: The Money All Went Offshore Ellen Brown July 8, 2011 http://WebofDebt.com/articles On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got the money, [...]
What’s Really Behind QE2?
More Good Sense from Ellen Brown. Let's Hope the US Can Really Focus on Direct Job -Creation : for a start , to rebuild our infrastructure , invest in our growing green sectors, prevent company subsidies to outsourcing and curb the money leaving our country through Wall Street's carry trade. - Hazel Henderson, Editor The deficit [...]
