Submitted by Janet Tavakoli of Tavakoli Structured Finance
Fed Unveils Headache Free QE Math
The Federal Reserve Board We-Hate-Math Committee announced the true purpose behind QE.
Do derivatives confuse you? Do you hate bond math? We feel the same way! So we simplified your life with headache free QE math. Compounded rates, equivalent rates, production functions: who needs old math?
Old Bond Math