NEWS: QE3 enacted by FED

[Skilero]

About Quantitative Easing:

http://www.youtube.com/watch?v=PTUY16CkS-k
Round three of the Federal Reserve's Quantitative Easing has commenced. 40 Billion USD a month will be printed out of thin air.

Consequences:

http://www.youtube.com/watch?v=Tj5CTLdmr1I&feature=plcp
This goes in conjunction with Project "Twist":
http://www.bankingtimes.co.uk/2011/09/22/fed-embarks-on-400bn-project-twist/

[Assiduous✡Aristocrat]

The Ben Bernanke beard is rather glorious. It's like, in my top 5 favorite beards.
Probably in 2nd or 3rd place, fighting with Zach Galifianakis.
I'm actually hoping I end up with one similar.

On topic: My study of Economics is rather new, so I'm glad the video was in layman's terms.
Videos are rather amusing too.