Saturday, October 22, 2011

Doctor prescribes more poison for the deadly ill patient

Fed’s Yellen: QE3 May Be Warranted

Federal Reserve Vice Chairman Janet Yellen said a third round of large-scale securities purchases might become warranted if necessary to boost a U.S. economychallenged by unemployment and financial turmoil.
Comment: One may as well define QE 3 as witchesbrew.

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