Posts Tagged ‘stock prices’
Last week, the Fed announced another round of quantitative easing (QE3).
This time around, they plan to buy $40 billion worth of mortgage-backed securities with created money until the employment picture improves. Compared to QE1 and QE2, QE3 is open-ended.
How does this affect your personal finances?
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Brain collage
I received this question from a subscriber to my monthly newsletter. To answer it, I must take a detour to our human brain structure.
We actually have three brains in our head!
In the center is the reptilian brain that we share with fishes, birds, and reptiles. It deals mostly with “housekeeping” and instinct, such as body temperature and hunger. The fight-flight-freeze fear response is handled here as well.
