Forget The Fed: Business Has Its Own QE3

Tuesday, August 23, 2011

Official “Quantitative Expansion” (i.e., the Federal Reserve’s increasing the money supply by buying bonds) is no longer necessary. The money supply is now growing through normal, homegrown forces, and the growth started just as the Fed’s QE2 ended.

This article is posted on SeekingAlpha.com


Tags: , , , , ,

Leave a Reply

You must be logged in to post a comment.

Search

John Tobey on Seeking Alpha

Seeking Alpha Certified

August 2011
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28293031