before he announces what will come out of this meeting saying we mitt that the fed should resist further have a ordinary intervention in the u.s. economy. it is not cheer, they are saying, that the recent rount of quantitative easing by the fed has facilitated economic growth or reduced the unemployment rate. they re basically saying don t go down the route of more quantitative easing until we exactly know whether there s been any benefits at all of qe 1 and qe-2. steve semg wick live. we ll keep a close eye on that. thanks so much, steve. still ahead, the red sox with an opportunity to peck a game on the race. they have a helead in the eight. we ll show you how it ended. m plus the daly show and the weather when we come back.
why in the first time in history did we have to print money to ease and back off interest rates? this is why. this is the amount of money available liquid capital in the world s total chi available for governments at affordable rates. , in 2008 we had an economic meltdown and we had extraordinary spending stimulus, tarp. ongoing structural deficits. about $4 trillion. and europe had the same problem and it spiked and we reached this line in 2009 and that is when they implemented qe 1. and quantitative easing was almost the exact number you had to have to back off that line. it was extraordinary. one time spending. qe 2 was part of that. it came down to now we are moving back towards structural deficits. we will hit that wall is what you are talking about. before rerun out of time. i want to talk about when we hit the wall what are the solutions and what do we do to
why in the first time in history did we have to print money to ease and back off interest rates? this is why. this is the amount of money available liquid capital in the world s total chi available for governments at afforble rates. , in 2008 we had an economic meltdown and we had extraordinary spending stimulus, tarp. ongoing structural deficits. about $4 trillion. and europe had the same problem and it spiked and we reached this line in 2009 and that is when they implemented qe 1. and quantitative easing was almost the exact number you had to have to back off that line. it was extraordinary. one time spending. qe 2 was part of that. it came down to now we are moving back towards structural deficits. we will hit that wall is what you are talking about. before rerun out of time. i want to talk about when we hit the wall what are the solutions and what do we do to
why in the first time in history did we have to print money to ease and back off interest rates? this is why. this is the amount of money available liquid capital in the world s total chi available for governments at affordable rates. , in 2008 we had an economic meltdown and we had extraordinary spending stimulus, tarp. ongoing structural deficits. about $4 trillion. and europe had the same problem and it spiked and we reached this line in 2009 and that is when they implemented qe 1. and quantitative easing was almost the exact number you had to have to back off that line. it was extraordinary. one time spending. qe 2 was part of that. it came down to now we are moving back towards structural deficits. we will hit that wall is what you are talking about. before rerun out of time. i want to talk about when we hit the wall what are the solutions and what do we do to stop this before we come
why in the first time in history did we have to print money to ease and back off interest rates? this is why. this is the amount of money available liquid capital in the world s total chi available for governments at affordable rates. , in 2008 we had an economic meltdown and we had extraordinary spending stimulus, tarp. ongoing structural deficits. about $4 trillion. and europe had the same problem and it spiked and we reached this line in 2009 and that is when they implemented qe 1. and quantitative easing was almost the exact number you had to have to back off that line. it was extraordinary. one time spending. qe 2 was part of that. it came down to now we are moving back towards structural deficits. we will hit that wall is what you are talking about. before rerun out of time. i want to talk about when we hit the wall what are the solutions and what do we do to stop this before we come