Changes

For example, in response to a weakening [[economy]] likely due to [[liberal]] policies by the [[Obama Administration]], the Federal Reserved announced on September 13, 2012 that:<ref>http://www.cnbc.com/id/49036260</ref>

For example, in response to a weakening [[economy]] likely due to [[liberal]] policies by the [[Obama Administration]], the Federal Reserved announced on September 13, 2012 that:<ref>http://www.cnbc.com/id/49036260</ref>

{{cquote|The Fed initially disappointed some investors on Thursday when it said it would buy $40 billion of mortgage-backed securities each month. That is far less than the $75 billion a month it bought in its second round of bond-buying, or the more than $100 billion monthly tab for its first round.

'''''But this time, the Fed has promised that "if the outlook for the labor market does not improve substantially," it won't stop buying and could ramp up its spending further'''''.}}

But this time, the Fed has promised that "if the outlook for the labor market does not improve substantially," it won't stop buying and could ramp up its spending further.}}

There is no free lunch, so "quantitative easing" is always at someone's expense.  But because of the secrecy which continues to cloak the Federal Reserve, it is not always easy determining who is paying a specific bill.

== References ==

== References ==