A Satirical Movie About the Federal Reserve and Goldman Sachs

Here is the URL for this spoof, which attempts to explain what “quantitative easing” means:

http://www.youtube.com/watch?v=PTUY16CkS-k

(in case you are wondering, ‘quantitative easing’ apparently means that the Federal Reserve prints enormous amounts money to increase the rate of inflation, while claiming that there is deflation; and then it uses the money to buy hundreds of billions of dollars’ worth of Treasury bonds from Goldman Sachs at inflated prices)

Published in: on June 30, 2011 at 8:19 am  Comments (2)  

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2 CommentsLeave a comment

  1. The new background makes it extremely difficult to read the print.

    Like

  2. Thanks for the feedback. Now the background is changed to something that I hope works better.
    I am beginning to think that the technical, on-line template for this blog has a few bugs – or as software salesman might say, “undocumented features”.

    Like


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