Tuesday, September 25, 2012

Perspective on the latest QE3 from the Fed

The Circulating Money Supply: Why QE3 Won’t Jumpstart the Economy—and What Would | Global Research
The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers—but QE3 won’t do it.  Neither will it trigger the dreaded hyperinflation.  In fact, it won’t do much at all.  There are better alternatives.    

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