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View Diary: BREAKING: Fed Launches $40-Billion-a-Month QE3 Stimulus (129 comments)

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  •  but it is different (0+ / 0-)
    The new policy represents a major break from previous policy statements, which conditioned monetary stimulus on the economy remaining weak. It commits the Central Bank to keeping money cheap even once the recovery really takes hold, which many leading economists believe will stimulate consumption and investment.

    "A squid eating dough in a polyethylene bag is fast and me?" - Don Van Vliet

    by AlyoshaKaramazov on Thu Sep 13, 2012 at 12:39:58 PM PDT

    [ Parent ]

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