Posted: September 27, 2012 in Business/Economy, Current Events
Seal of the United States Federal Reserve System. The seal has most of the elements of the Board of Governors seal. A version is printed on all U.S. Federal Reserve Notes redesigned since 1996 (replacing the letter of the bank which printed the note, which was used in earlier designs). (Photo credit: Wikipedia)
The Federal Reserve is buying nearly all of the United States’ deficit through its Quantitative Easing program (QE1, Qe2, and now QE Infinity). Economists are worried because of the scarce room to maneuver in case of an another unforeseen crisis.
CNBC reports: http://www.cnbc.com/id/49180320