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Tuesday, July 17, 2012

Mr. Bubbles

The stock market clamors for yet more quantitative easing by the Federal Reserve, a techie way of describing flooding the financial markets with fiat money created out of thin air.  This does nothing for the overall economy, but it further inflates the stock market speculative bubble.

Posted by Thomas E. Brewton on 07/17 at 10:05 AM
Economics • (0) Comments
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