Advertising Console

    Inside Story - Printing more dollars

    Repost
    Al Jazeera English

    by Al Jazeera English

    4.2K
    35 views
    The US federal reserve has decided to pump $600bn dollars into the US economy by buying back government bonds from banks and financial institutions, in the hope that they will loan the money out to businesses. But will this process - which is almost certain to devalue the dollar - work, or will it simply create more problems for the world?