Until The National Economy Stabilizes: QE3
That's right, right out of Atlas Shrugged: QE3, an open ended monetary policy which will be in place "until the national economy stabilizes".
http://www.foxbusiness.com/economy/2012/...
http://www.foxbusiness.com/economy/2012/...
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- 2Posted by jbartee 14 years agoQE3 does not let the economy seek its natural level - ie pumping money into the economy will keep the economy at an unnatural level and never stabilize| Mark as read | Best of... | Permalink