The Federal Reserve announced that it would spend an extra $1 trillion buying, amongst other things, Treasuries as, like the Bank of England, it energetically pursues a policy of Quantitative Easing.

Has anyone else noticed that if you rearrange the phrase ‘Quantitative Easing’ you get:

i.e. tit an’ vagina quest

Just me?

Though it does beg another question. Which central banker is the tit and which is the . . . Never mind.

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Related posts:

  1. Bank of England Keeps Rate Unchanged, Quantitative Easing Continues