"Quantitative Easing" for Dummies.

I have never been a subscriber to the 'Federal-Reserve-Secretly-Runs-The-World' conspiracy theories of the tinfoil hat crowd, and this pretty much proves my point. Such an out-of-touch bunch as the Fed would clearly have a hard time just running across the street, much less conspiring to secretly run the world. That said, their sheer incompetence right now - plus Team Hopenchange's cheering on of it - could be the ruin of us all economically. So maybe putting our crazy uncle in the oversight chair come January might not be such a bad idea. It'll at least be entertaining.

Hattip: Libertarian Republican.