I do a lot of the shopping for our home and I can’t help to notice that prices to many commodities are inching upward and like many people I’m feeling it. Perhaps some of you have heard the term “Quantitative Easing” also referred to as “QE2” because it is the second time it has been done in two years. This is what our Federal Reserve calls printing mo money. They rationalize that this is necessary in order to stop “deflation” which is something I think we could use little more of today.
Why is this important? Here is a simple video that explains it for the rest of us: