Sunday, July 31, 2011

How Deep is the Global Economic Rabbit Hole? - The Market Oracle

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How Deep is the Global Economic Rabbit Hole?
The Market Oracle
QE1 and QE2 were grossly ineffective as well. About all the QE's did was to further debase our currency, a practice that has allowed governments to pay off their debt at face value with ever devaluated fiat money. Yet why have all the kings' horses and ...

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