asset purchase http://archive2.mrc.org/taxonomy/term/23419/all en Investor’s Business Daily Finds: Feds Economic Boost Didn’t Help Much http://archive2.mrc.org/articles/investors-business-daily-finds-feds-economic-boost-didnt-help-much <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Federal Reserve program to buy bonds has done ‘little’ to improve U.S. economy. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p dir="ltr">The Federal Reserve has spent <a href="http://www.bbc.co.uk/news/business-15198789">more than $2 trillion</a> buying up assets since 2008 (often government bonds and mortgage securities) in an attempt to shore up the economy. Proponents argued what was called “quantitative easing” or QE was necessary “based on the idea that without it, the nation’s economy would have imploded,” according to Investor’s Business Daily.</p><p><a href="http://archive2.mrc.org/articles/investors-business-daily-finds-feds-economic-boost-didnt-help-much" target="_blank">read more</a></p> Articles MRC Business Economy Government asset purchase buying asset Federal Reserve IBD inflation investor's business daily monetary policy QE2 quantitative easing Stimulus trllions U.S. economy Wed, 21 Aug 2013 15:08:47 +0000 julia.seymour 44323 at http://archive2.mrc.org