They do it by buy mortgages from banks. This frees up cash from the banks who lend it at LOWER rates. And people would rather invest in the stock market than a low yield CD. Have you checked with your bank about CD rates lately?!?<quoted text>
If the Gross National Product of the United States as December 20, 2013 was 16.9 TRILLION DOLLLARS then how is it that the stock market is being propped up by QE at $75 BILLION per month which is .0044% or less than 1/2 of 1 percent?
Or in other words, how can the effects of QE at 75 BILLION a month can propped up a stock market when the amount of money involved is less than 1/2 of 1 percent of GNP of the United States?
And you have a degree in what? Mine is just an associates degree in aeronautics and I can figure that one out!