Thursday, September 13, 2012
Infinite QE
Ben Bernanke proposed an infinite QE until significant economic objectives are met. He has the printing press. So do not fight the Fed. If you are still all in cash, you find have to start to find ways to prevent the dollar value from eroding. Between Ben and Draghi, I think they have effectively taken the "tail risk" of total economic collapse off the table. I also do not think they made the decisions independently of each other.
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