73% of Americans Don't Know What 'Quantitative Easing' Means

Townhall.com Staff
Posted: Sep 18, 2013 2:55 PM
For years, conservatives and libertarians have railed against the Federal Reserve's controversial three rounds of "quantitative easing" (QE for short) that pumped $2.8 trillion through its $85 billion monthly bond-buying scheme. However, a new Reuters/Ipsos survey finds that 73% of Americans do not know what the phrase "quantitative easing" even means.