QE-2 Qualitative Easing implemented and explained. These are the best definitions of Quantitative Easing. This is Clearly written by some smart people and worth the 6 minutes of your time, and a Great use of smart humour to explain complexity. Did you know that Goldman Sachs can front run the Fed?
http://thebankwatch.com/2010/11/18/so-you-mean-the-goldman-sachs-can-front-run-the-fed-qe-explained/
http://thebankwatch.com/2010/11/18/so-you-mean-the-goldman-sachs-can-front-run-the-fed-qe-explained/