An unconventional policy using a flawed interpretation of economics, such as Keynesianism, to print huge volumes of paper money which are not supported by anything except public trust. This policy is apparently used to bail to out failed entities friendly to the politicians in charge at tax-payer expense, and to punish successful enterprises which oppose the unconventional policy.
While plunging the federal economy into massive debt by printing paper money which is not supported by anything except public trust, Blurbnanke continued the rodeo of quantitative sleazing, throwing money at Detroit, banks, and other comrades until the US will be the making us the biggest debtor nation on the planet, but the sheeple still have some credit left and stocks are up, so everything is fine.
by psnack September 30, 2013