Description: The Federal Reserve pledged on Wednesday to start a controversial new $600 billion bond-buying spree to rescue the economy from its current doldrums.
Source: Marketwatch.com
Date: 11/03/2010
Link: http://www.marketwatch.com/story/fed-to-buy-600-billion-in-government-bonds-2010-11-03
Questions for discussion:
- How does this action by the Federal Reserve help stimulate the economy?
- What are the consequences associated with this action in the long run?
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