Listeners’ Questions – March 3, 2011
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Ahmed from Dearborn, MI
Can you briefly explain what is the difference between expanding the monetary supply open market operations to affect the federal funds rate versus quantitative easing?
Terry from Brooklyn, NY
What do you think about the recent vending machines that dispense gold! They just put one in Boca Raton FL.
Bill from Middletown, NJ
I believe we are heading for a currency collapse, and I speculate in precious metal stocks & ETFs. Is there a risk that the currency could collapse so fast that my purchasing power would be wiped out in the time it takes me to convert my stocks to cash and then to physical metal?