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totonno
Member since May 2012
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The Monetary Tsunami Is Coming

- Frank Shostak -

As usual Mr Shostak writes a brilliant article explaining away the fallacies of the the Fed's actions.
My only reservation is that I have been hearing about hyperinflation for years because of the actions of the Fed, and no inflation ever seems to happen except for oil and FOOD. Maybe now we'll see some action.

Commented 4641 days ago

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Beginning of the headline :In his speech at Jackson Hole, Wyoming, on August 26, 2011, the Fed chairman disappointed most pundits. He did not promise another massive infusion of fake money, i.e., QE3. I suspect that a strengthening in bank lending is an important factor behind the Fed's decision to postpone the pushing of more money into the economy... Read More

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