Final Note

What do asteroids and the Federal Reserve have in common?

Kai Ryssdal May 31, 2013
HTML EMBED:
COPY
Final Note

What do asteroids and the Federal Reserve have in common?

Kai Ryssdal May 31, 2013
HTML EMBED:
COPY

This final note on the way out today, in which the Federal Reserve meets interplanetary orbital dynamics.

Here’s what I’m talking about: There is, as you may have heard, an asteroid that’s zipping by Earth today. We’re gonna be okay. It’s not gonna get any closer than 3.5 million miles, NASA says.

Here’s the great part, though, about the Fed. The name of this thing? Asteroid 1998 QE2.

Get it? QE2? Quantitative easing?

Or maybe that was just me who thought that was funny, ’cause I’ve been doing this too long.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.