Video: Quantitative Easing Explained

This video is spreading like wildfire! Watch it and see why!

An excerpt from this brilliant conversation:

Man Creature: The deflation is when the prices of the things we buy go down?
Woman Creature: Isn't this good? Doesn't this mean the people can buy more of the stuff?
MC: Yes, but the Fed said this was bad. Especially during the recession.
WC: So they think that during the recession, when the people have less money to buy the stuff, they think its bad that the prices go down?
MC: Yes, the Fed would rather have the inflation.
WC: So why does the Fed think we have the deflation?
MC: Because the CPI said so.
WC: But aren't the food prices higher than a year ago?
MC: Yes.
WC: Aren't the gas prices higher than a year ago?
MC: Yes.
WC: Aren't the health care costs higher than a year ago?
MC: Yes.
WC: Aren't the tuition prices higher than a year ago?
MC: Yes.
WC: Aren't the taxes higher than a year ago?
MC: Yes.
WC: Aren't the subway fares higher than a year ago?
MC: Yes.
WC: Aren't the stock prices higher than a year ago?
MC: Yes.
WC: Aren't the bond prices higher than a year ago?
MC: Yes.
WC: So what is deflating right now?
MC: The only thing that is deflating, that I can see, is the Fed's credibility.