While America is focused on Middle Eastern Violence the United States Federal Reserve has approved a plan to spend $40 billion a month on bond purchases until the economy improves.
The Fed hopes that by pumping $40 Billion a month into the economy that unemployment rates will slow, and spending, and investment will pick up.
In a statement by the Federal Reserve they said “without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions.”
With this News coming from the Federal Reserve the Stock Market has soared.
The fear by economists is that the Federal Reserve’s plan for a third stimulus will create inflation, and lead to more bubbles, as the printing of billions of dollars continues.
