The Trillion Dollar Balancing Act! ⚖️💰

<p>QE1 is the nickname given to the Federal Reserve's initial round of <a href= "https://www.thebalance.com/what-is-quantitative-easing-definition-and-explanation-3305881">quantitative easing</a>. That's when the Fed massively increased its standard <a href= "https://www.thebalance.com/open-market-operations-3306121">open market operations</a>. It purchased the debt from its member banks. The debt was mortgage-backed securities, consumer loans, or Treasury bills, bonds, and notes. Why does that matter too? Let’s nerd out!</p> <p dir="ltr" data-test-bidi="">Love this podcast? Subscribe Today! <a href= "https://theREsource.tv?/source=podcast">ht+tps://theREsource.tv</a></p> <p dir="ltr" data-test-bidi="">Tag an industry friend or share it on an industry group!</p> <p dir="ltr" data-test-bidi="">Join our thousands of FB fans: <a href= "http://www.Facebook.com/TheREsource.tv">http://www.Facebook.com/TheREsource.tv</a></p> <p dir="ltr" data-test-bidi="">Twitter: <a href= "https://twitter.com/theresourcetv">https://twitter.com/theresourcetv</a></p> <p dir="ltr" data-test-bidi="">Instagram: <a href= "https://www.instagram.com/theresourcetv">https://www.instagram.com/theresourcetv</a></p> <p dir="ltr" data-test-bidi=""><br /> <a href= "https://www.linkedin.com/feed/hashtag/?keywords=loanofficerlife&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6785347468931538945" data-attribute-index="0">#loanofficerlife</a> <a href= "https://www.linkedin.com/feed/hashtag/?keywords=realestateindustry&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6785347468931538945" data-attribute-index="4">#realestateindustry</a> <a href= "https://www.linkedin.com/feed/hashtag/?keywords=mortgageindustry&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6785347468931538945" data-attribute-index="5">#mortgageindustry</a></p>