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WHY MORE QE IS DESTINED TO FAIL

WHY MORE QE IS DESTINED TO FAIL

Courtesy of The Pragmatic Capitalist 

This might be the most succinct and accurate description of why the Fed’s next great “fix” is destined to fail. While I’ve been arguing these same factors for months now it appears that more credible sources are finally starting to agree. These comments come courtesy of Bank of America’s Chief Economist Mickey Levy:

Source: CNBC


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