Weekly Roundup: From Raisin Reserves to Greek Bank Reserves

Our everyday economics includes inelasticity, supply, regulation, entitlements, subsidies, healthcare, innovation, price floor, monetary policy, euro zone.

What Does Quantitative Easing Do?

A quantitative easing limerick: “I’m afraid,” said Bernanke to Geithner, “The debt crisis still has lots of bite in ‘er. Though it may cause some ranklin’ I’ll print lots more Franklins; We’ll loosen our money, not tighten ‘er!” Alternatively… When…