Tuesday, September 4, 2012

Fed should move cautiously - San Antonio Express

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Fed should move cautiously
San Antonio Express
It does not stand for a new, luxurious ocean liner to replace the retired QE2, or Queen Elizabeth 2. Let's envision QE3, however, as an ocean liner anyway. There's Federal Reserve Chairman Ben Bernanke poised with a bottle of champagne ready to ceremoniously launch the new cruise ship, emblematic of releasing a new load of money supply to stimulate the sluggish U.S. economic recovery. But look! Running toward Bernanke is Richard Fisher, Dallas Federal Reserve Bank president, racing toward Bernanke ...

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