Sam Spade
SamSpade
Atlas Star
Posts: 27,547
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« on: August 08, 2011, 09:02:47 PM » |
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That game works until it doesn't. And there's no guarantee that it'll actually do anything other than increase the amount of correction needed long-term, if there's a lesson to be learned from the 2008 period to now. We've have had three and a half years of nothing for over $5 trillion spent.
Remember that these types of moves too can be insider anticipation for more Fed monetizing (as they have been the previous two times), as opposed to much else.
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