What is quantitative easing? There is no doubt a huge question in your mind with this, and it’s important that you really delve into it and learn what it is and what it can mean to you now and in the long-term.
While most people may not want to know what their government is up to, it’s up to you to educate yourself and take care of yourself. So, sit back and relax while I share with you just a bit about quantitative easing.
What is Quantitative Easing Meant to Do Anyhow?
What is quantitative easing?
If you were to look at the last few instances when our government decided to print money to create something that wasn’t there, then you would understand just a small bit of what this quantitative easing is all about. Remember that term QE2? Yes, that is quantitative easing just in case you were wondering.
Quantitative easing sounds like it makes sense in theory, but not when you consider what the production of non-existent money does. It causes inflation. That can’t be good right?
No, inflation means that the cost of everything is going to go up and it’s already getting to the point of no return with gas, groceries, and everything else we really need right now. It seems maddening that you can’t get all of the things that you need at an affordable price, which is crazy right?
Don’t expect that it’s going to get better either, because as long as the Feds have it in their mind that they are going to print money that we don’t have backing for, it just continues to build up our expenses and put us in a compromising position as a nation.
So, while quantitative easing may have appeared to bring relief to the country, it simply doesn’t offer that to us.
What is Quantitative Easing Doing to Change Our Economy for the Better?
What is quantitative easing good for in terms of changing our economy for the better? Can you say unconventional?
Okay, so now that we have established that this is unconventional, completely, it’s probably a good time to also consider that it’s something implemented by the central banks when conventional policy just isn’t working.
Sure, the thought behind it is to stimulate the economy, but in order to build stability there MUST be a long-term solution coupled with lasting change. We already know that purchasing assets from another bank doesn’t necessarily work, so why do we still do it?
It’s time to consider other options, and that means not only for our country’s financial stability, but for the sake of our personal finances too.
What is Quantitative Easing Like Right Now?
As far as quantitative easing, right now we have Bernanke saying that he won’t do it, but the truth is that he probably will to appease others that are his superiors.
Are you curious about what buying gold may mean for those who are worried about quantitative easing? It doesn’t mean anything more than that you will have money that is transferable when others don’t.
If you want to learn more about the part that gold plays in our economy and how it could help you prepare for the future, CLICK HERE now, and you won’t be asking, what is quantitative easing!