Quote by Rush Limbaugh

Well, the chairman of Federal Reserve just made his move to rescue Barack Obama. We're gonna have QE3. We're gonna print some more money.


Well, the chairman of Federal Reserve just made his move to

Summary

This quote suggests that the chairman of the Federal Reserve plans to implement another round of Quantitative Easing (QE3) in order to aid Barack Obama's administration. QE3 refers to the Fed's strategy of creating new money to purchase financial assets, which aims to stimulate economic growth and increase borrowing and investment. The quote mentions "printing money," which is a simplified way to describe the process of expanding the money supply through monetary policy measures undertaken by the central bank.

Topics

Money
By Rush Limbaugh
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