Asian Business Issues - Rants & Raves, Illusions & Collusions etc.
Nice video. Clearly explained.
Hope the quantitative easing will not create huge negative impact to Malaysia.
It may be lop-sided to push everything to Goldman Sach. I think another major purpose of the QE2 is to drive the US $ further down since China is unwilling to revalue its currency. What other choice does US have? ahha.
A rebuttal from Econbrowser:http://www.econbrowser.com/archives/2010/11/answering_the_b.html...and if you prefer the xtranormal version:http://www.xtranormal.com/watch/7748695/I have my own beefs with this type of explanation, starting with the argument that QE1 didn't achieve anything.There's a lot of misunderstandings about QE and its effects, and simplistic views as presented by this video don't help to educate the public.
The video sounds like a political drive rather than an explanation on QE.I found this: http://tinyurl.com/3xvu89zVery simple English.
Post a Comment