Our View: Please, Don't Just Print More Money

Summary


"QE3" sounds like the name of a British cruise ship. It really stands for "Quantitative Easing 3," a money-expansion scheme the U.S. Federal Reserve Board is considering to jump-start the economy.

The Fed should drop the idea.

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Our View: Please, Don't Just Print More Money

Quantitative easing, in general, means "an unconventional monetary policy tool ... to stimulate the national economy." It involves ...

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