Posted by & filed under Part 6 Managing Financial Resources.

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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