Thursday, August 4, 2011

QUANTITATIVE EASING 3 – ANOTHER MONETARY NON-EVENT?

"Yesterday’s stock surge off the lows was attributed to comments by several Fed officials who said they are now in favor of the Fed implementing QE3 if the economy continues to deteriorate. I think it would be useful to review what QE2 did and what it did not do..."

at http://pragcap.com/quantitative-easing-3-another-monetary-non-event

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