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Like a wobbly top, QE2 has undergone a change of spin. As hope has morphed into doubt about the effectiveness of quantitative easing, the Federal Reserve program to stimulate the economy by buying $600 billion of Treasury bonds, there’s a new mechanism being mooted to explain why the plan should succeed.
Really good article on QE2 and why it is doomed to fail.. Click here for the post on moneywatch
Greg
supper article QE3 I am lucky reading you. Nice article.
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