It's amazing that you are being downvoted for explaining exactly what Ben Bernanke himself said back in 2010. [0]. "This approach eased financial conditions in

It's amazing that you are being downvoted for explaining exactly what Ben Bernanke himself said back in 2010. [0]. "This approach eased financial conditions in the past and, so far, looks to be effective again. Stock prices rose and long-term interest rates fell when investors began to anticipate this additional action. Easier financial conditions will promote economic growth. For example, lower mortgage rates will make housing more affordable and allow more homeowners to refinance. Lower corporate bond rates will encourage investment. And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion". [0] https://www.federalreserve.gov/newsevents/other/o_bernanke20101105a.htm https://www.federalreserve.gov/newsevents/other/o_bernanke20...