The term "quantitative easing" that the fed and others use, seems so innocuous. I did a Google on "define: quantitative easing". Here are the two web definitions that came up...Quantitative easing is what non-economists call 'turning on the printing press'. In extreme circumstances, governments flood the financial system with money, easing pressure on banks by giving them extra capital.
This is the second one that came up:
The term quantitative easing refers to the creation of a pre-determined quantity of new money 'out of thin air' through open market operations by a central bank as the start of a process to increase the money supply. It can, more simply, be understood as an indirect method of printing money.
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