The guiding principle for estimating the monetary policy of the Federal Reserve : The U.S. is bankrupt or trying to restructure their debts. In the last 40 years we were allowed to witness 36 bankruptcy. The 'quantitative easing' as a means of restructuring the national debt is to my knowledge new.
[There will be people that consider the expansionary monetary policy of the FED as a means of stimulating the economy. Tssss!]
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