QE3 watch 8 4 2011 WSJ helping to make the case

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Violent Rhetoric
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QE3 watch 8 4 2011 WSJ helping to make the case

Via Wall Street Journal (subscription site). 

Making the case to build support. It is just a matter of time peeps. Here is an excerpt.

The Federal Reserve should consider a new round of securities purchases to spur the economy if growth and employment keep languishing and inflation recedes, former top Fed officials said in a roundtable with The Wall Street Journal.

The comments by Donald Kohn, Vincent Reinhart and Brian Madigan—who served successively as directors of the Fed's powerful monetary affairs division from 1987 through 2008—shine light on the challenging decisions Fed officials confront as they prepare for their next policy meeting Aug. 9.

Edited by admin on 11/08/2014 - 06:05

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Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.

This is known as “bad luck.”
~ Robert Heinlein

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