[ZenGum]

Dunno about youse guys, but down here official interest rates are set by the reserve bank. This was set up by the gubmint, and board members are appointed by the gubmint.
The reason for this was that interest rates are too sensitive to be entrusted to some political hack who is more worried about getting re-elected than the long term health of the economy. In 2007 we had an interest rate rise during an election campaign. There is no way a sitting politician would have had the nerve to do that.

Quantitative easing is kinda like printing money, only they just manipulate ones and zeros and don't even bother with the printing anymore.

If the greenback slides any further I'll be able to spit in the tip mug and make it overflow.