What Is Quantitative Easing?
"'Quantitative easing' is a pompous, uninformative term for a central bank’s buying debt in order to stimulate economic activity." Judge Richard Posner criticizes new monetary policy.
There are three principal objections to the new [quantitative easing] program. The first is that the inflation that it aims to increase by a slight to moderate amount may get out of hand. ... The second objection to the new program concerns its effect on the role of the United States in the global economy. Nations such as China, Germany, and Japan that are large exporters are irate at our devaluing our currency by increasing the world supply of U.S. dollars. They are capable of retaliating. ... The third and perhaps biggest objection to the program of quantitative easing is that it relaxes the pressure on our politicians to address urgent issues of economic reform. The politicians are sitting back and letting the Fed try to hoist us out of our current economic hole.
We're more dependent on them than we realize.
- Scientists says our survival depends on biodiversity.
- A natural climate strategy we often forget.
- Seeing our place among the Earth's living creatures.
There's a high social cost that comes with lighting up.
While short-term results are positive, there is mounting evidence against staying in ketosis for too long.
- Recent studies showed volunteers lost equal or more weight on high-carb, calorie-restricted diets than low-carb, calorie restricted diets.
- There might be positive benefits to short-term usage of a ketogenic diet.
- One dietician warns that the ketogenic diet could put diabetics at risk for diabetic ketoacidosis.
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