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March 17 afternoon, the Fed announced its intention to buy hundreds of billions of long-term government bonds 3. In fact, the United States by the financial crisis is a rare depth of the crisis, in order to come out really want to take some very unconventional, different policies and measures in the past. U.S. Federal Reserve made a direct purchase of treasury bonds on the one hand, the United States to give everyone confidence, keep the dollar's international status of the major currencies, while also asking other countries to continue to buy U.S. treasury bonds to help the United States out of the crisis.
The reason why the United States dare to have such a motion is based on its strength, regardless of America's economic strength, economic power, military strength, political strength is still the world's strongest. In addition, the current situation there is no other better way. In fact, this may not be able to do to save the United States economic crisis. The past the United States economy is services, the virtual economy based economies, to stimulate the economy by spending, and now the hands of ordinary people have little money, a substantial decline in consumption, with consumption to stimulate economic growth there is great difficulty. The United States is now the real economy has a lot of questions, not enough attention to the United States in this regard, can be used such as high-tech technology to transform traditional industries and create new manufacturing to activate the U.S. economy, it might be more helpful to the United States economic recovery.
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