F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

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How does QE come into "life"
I'm wondering. I could not find the first mention of this "anti-word" Can anyone give me a hint? Wikipedia suggests:http://en.wikipedia.org/wiki/Quantitative_easing So it was "born" in Japan. And well AFAIKT it does not have worked...
The US creditability
Well how interesting that the verdict of the rating agents still is on AAA for the US. They just have a few trillions debt and they "just" another 1.4 trillion during this year. And still the blame the rating agents and call it a "politicial"...