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View Diary: Why what Ben Bernanke said yesterday should make you angry (102 comments)

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  •  QE threw a lot of bank money into the market (2+ / 0-)
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    Deep Texan, gramofsam1

    It's about churning, it made shareholders happy which is somewhat important but created no jobs.  In a dead economy, at least somebody had some fun.

    The goal should be coordinated worldwide printing of money to pay for JOBs only, not to pay down debt. Right now Merkel is the only barrier on that end. On our end Congress doesn't want to create jobs., so there shall be no JOBs.

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