Go to http://www.npr.org/blogs/money/2010/08/26/129451895/how-to-spend-1-25-trillion
It is an NPR story on one element of monetary policy. Take notes! I will expect that you will know how this worked. Pay particular attention to what happens about 2:50 into in. That is the kicker.
Also go to http://www.youtube.com/watch?v=StbxgDD9Fts&feature=player_embedded
This is another awesome econ song. Well, it isn't actually that awesome, but it is pretty funny. Can you figure out what the title means about what the Fed is doing right now?
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