Do you know this? Piece of gobbledygook - Quantitative Easing?

[Alan]

Hi,

How about this for a piece of gobbledygook - QUANTITATIVE EASING?

Alan
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English as a Second Language
You can read my ESL story Present Simple

[SkiIucK]

Hi Alan,

I wasn't familiar with the exact term but rather with the concept. Now I am aware of the term as well.

This is a very slippery matter. As the system for creating money out of nothing has proven unsustainable, a new system, for the better or the worse, will be emerging. This will happen not so long from now, I believe.

Regards

[NinaZara]

I heard of it a lot on CNN lately, and some comment like this always follows "It has been tried before and it has failed".