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QE Forever
Doug Noland
09/14/2012
www.prudentbear.com
“It was always my hope that the Federal Reserve would eventually appreciate and respond to the increasingly obvious dangers associated with contemporary unfettered Credit and financial leveraging…Instead of moving prudently to rein in egregious Credit and speculative excess, the Greenspan/Bernanke Feds went in the opposite direction and repeatedly provided extraordinary accommodation.”
“Thursday’s [...]
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