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Making sense of QE2 *LINK* *PIC*

GREAT EXPLANATION on QE2 / Quantitative Easing round #2

QE2 – a joke?


A man walks into a small town Inn. He asks for a room and puts a $50 bill on the counter.

The innkeeper grabs the $50, runs next door and pays his debt to the butcher.

The butcher takes the $50, runs down the street and pays his debt to the pig farmer.

The pig farmer takes of with the $50 to pay his supplier of feed and fuel.

The supplier takes the $50 and runs to the local prostitute who is also facing hard times and she too has to offer her services on credit.

The prostitute takes the $50 and heads to the local Inn where she pays the $50 bill to the innkeeper to settler her debts.

The man from out of town comes down from his room and not being satisfied, asks for his $50 dollars back and leaves.

No one produced anything. No one earned anything. However, the whole town is now out of debt and now looks to the future with a lot more optimism.

And that, ladies and gentlemen is QUANTITATIVE EASING.

SOURCE: http://www.edugeek.net/forums/jokes-interweb-things/52105-quantitative-easing.html

QE2 – In Images

REF: Dam sink hole - Morning Glory Spillway and Monticello Dam, Napa County, California.

Messages In This Thread

[earthrainbownetwork] Special Update on the TSA: Dignity RapeGate *LINK* *PIC*
.......... mean while (while every one is worried about flying and tptb are trying to lower the number of travellers by insult) ........ QE2 is coming after you! *PIC*
Making sense of QE2 *LINK* *PIC*
QE2, The Fed and You *LINK*
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