Question (and answer) of the Day AND Quote of the Day   Leave a comment

Q: If the Federal Reserve’s quantitative easing program (aka QE) was started to help the economy, and their reason to continue it is the economy’s improvement is slowing down, then what sense does it make to continue it?

A: “I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.”–Abraham Maslow


Posted September 18, 2013 by edmcgon in Economy, Federal Reserve, Philosophy

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