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by ConfuciusSay
3924 days ago
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QE1 worked, in that it saved us from a depression. But the jury's still out on whether that was just a can kicking exercise to be reckoned with at a future date. The other QE's by any measure, have been a failures, at least when compared to QE1. And when almost all major global economic indicators are looking negative, it's hard to talk about QE in terms of it being successful policy. |
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