QE3 WILL CERTAINLY FAIL, and it will because money creation for the sake of money creation, and bond buying meant to prop up the failed ideas of yesterday will repel investors eager to avoid economies moving backwards. The good news is that Ben Bernanke probably won't survive his latest economic kill shot; the only question one of whether Obama will remove him in order to save his presidency, or whether Romney will to give his presidency a chance. RealClearMarkets.
Thursday, July 26, 2012
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