Monday, May 23, 2011

QE 2 was a bust.... Now things are worse than before

http://www.marketwatch.com/story/qe2-was-a-bust-2011-05-21?link=MW_latest_news

Here is my key takeaway from the article:
"House prices are lower than before QE2 was launched. Economic growth is slower. Inflation is higher." 
I suppose the question now is was this by design or did these "experts" think it would actually work?

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