I know it's been three years since the U.S. dumped its reflationary policy of quantitative easing. However, Japan and Europe are still pursuing it with a vengeance. So, it's best to be familiar with what it is. For a quick tutorial please watch the highly insightful and humorous video.
Click on the link below to watch a six-minute animation explaining quantitative easing to a 12-year-old, using cute little cuddly figures.
Was Ben Bernanke a plumber who was called to fix a pipe only to break it more? Does he have a cute beard? Is he trying to blow up the entire world economy?
Since the video has gone viral, over 6.1 million viewers found out when they watched the video, click here.