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Unfunded Liabilities

QE Forever, Again

More on The Fed and why QE is coming. That has been my position in recent posts regardless of what happens in the economy. Here is a similar take by “traderjoe” in a response to a Zerohedge post on Thu, 10/07/2010 – 14:57 #633466:

The Fed has no choice. It’s not an excuse, or even a reason, but they have no choice. Why else would the Fed willfully destroy the dollar? The Dow’s at 11k. Employment is at least steady. Not rosy – but we haven’t definitely slipped back yet. What do they see? [Even Guy Adami on Fast Money asked this question.]

They see the end of the global fiat fractional reserve ponzi if they do nothing. They see EU bond auctions failing without ECB

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