LSAP = QE = Counterfeiting!

I wonder how the Federal Reserve can make the claim that it is independent of political influence and that it needs to protect its independence (its rhetoric about opposing an audit) when its use of the English language is nothing but a manipulation of the use of words for political reasons.

Large Scale Asset Purchases (LSAP) is the same as Quantitative Easing (QE) which is the same as counterfeiting dollars to finance government debt.

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