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Forget The Fed: Business Has Its Own QE3

By John S. Tobey

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 »

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January 2018
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