Monday, April 25, 2011

QEII = Ponzi Scheme, Says Pimco - Wall Street Journal (blog)

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QEII = Ponzi Scheme, Says Pimco
Wall Street Journal (blog)
Yes, we get the point. QE2, the cruise ship-like moniker for the Federal Reserve's money injection program, doesn't have many fans. Least of all giant bond firm Pimco, which today again compared QE2 to a giant Ponzi scheme. ...

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