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A $600 Billion Risk

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Washington, D.C., Nov 8 - Last week, the Federal Reserve announced that it would print $600 billion in new currency to rev up a "disappointingly slow" economic recovery.

Unfortunately, printing $600 billion will not lead us to economic recovery. Printing $600 billion does not make Americans $600 billon richer. Quite the opposite, it devalues American's savings and does nothing to create jobs for Americans. We cannot engineer economic recovery - we need to empower small businesses, not the government, to lead us to economic recovery.

You can read more about the Federal Reserve's actions here and then share your thoughts on this action in the comments section below.