Fed takes bold, risky step to bolster economy

Since the economy is only growing at a 2 percent pace and unemployment is around 9.6%, the Fed has decided they need to do something. They have committed to buying $600 worth in government bonds. They are hoping that this will positively impact our economy. One worry is that when the economy begins to strengthen again, inflation will drastically increase. Some people are worried about this while others think we should buy more bonds. It's a controversial and risky move, but in the end hopefully everything will come together.

I think it's not a bad idea to take some initiative to improve the economy. Obviously we need the help. Whether or not this bond move will work, I don't know, but I sure hope so. I think it could do a great deal to increase spending, and therefore eventually increase employment. When businesses start making more money, they'll begin to hire more workers. This could be just what our economy needs. Only time will tell if it pays off. http://http://www.msnbc.msn.com/id/39990043/ns/business-personal_finance/