Friday, November 5, 2010

"The Fed's $600 Billion Statement, Translated Into Plain English"

I owe someone a hat tip on this.
From NPR's Planet Money:

...But the Fed announced its plan in a statement written largely in jargon and code. So here, from Planet Money and Slate, is today's statement, translated into plain English....

Do follow the Planet Money link and do click on  convert all.