Federal Reserve Policy Quantitative Tightening Benjamin Bernanke, the former Fed chief, helped rescue the financial system in 2009. He started by slashing short-term interest rates. But that didn't end the crisis. Real estate caused the collapse. That industry depends on long-term interest rates. Bernanke needed to get those down, too. So he invented a completely new policy tool. Since it was never done before, people still argue about whether it worked or not. There's no yardstick to compare it against. Most experts think the American economy would have recovered no matter who was in charge. But they generally agree that "Quantitative Easing" had a positive effect. The methodology was two-fold. The Federal Reserve printed money. Trillions of dollars. The entire U.S. money supply ("M2") today is $14.5 trillion. Bernanke pri...
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Growth Stock MAM Software (Nasdaq - MAMS) $8.00 MAM Software is a leading provider of software used by the automotive aftermarket industry. Customers include tire dealers, service centers, collision repair shops, and parts retailers. The company also supports wholesalers and e-commerce operators. The aftermarket business is a massive industry with hundreds of thousands of locations. Several chains use modern internally developed systems. But a majority of the industry still relies on character-based programs that are slow, hard to use, unreliable, and difficult to maintain. MAM converted its technology to a cloud-based format in 2010. That design improved reliability. It also made innovation easier, while cutting costs. The company's initial emphasis was on smaller customers. Penetration was strongest in the United Kingdom, where the company gained a 75% market share. MAM developed an enterprise v...