It has been more than 10 years since the Federal Reserve launched its first quantitative easing program - dubbed QE.
In a nutshell, QE is the Fed's way of injecting money into the economy. And that's supposed to jumpstart the economy, which is why the traders love it.
But the market purists want to know where the Fed got the extra money to pour into the economy.
Um....Can you say? Magic? Voila! Or a printing press? Actually These days it's a few clicks on a laptop - but really -- Same thing.
And did this big ol' govt intervention - actually fix the underlying problems in the economy that caused us to need all that cash? Probably not.
So watch the video to learn more and you decide if you think its a good thing or not.
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