I know it’s been two years since the US 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 this 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, some 5.7 million viewers found out by watching by clicking here.
