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Please be aware that, Quantitative easing will not stimulate the economy, it just changes the measurement (ruler) used to gauge economic growth.
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Nov. 3 (Bloomberg) -- James Grant, editor of Grant's Interest Rate Observer, talks about the outlook for today's Federal Reserve decision. The central bank today will probably restart purchases of bonds to spur the economy even as growth is likely to accelerate at a 2.6 percent annual pace in the second quarter of next year from 2 percent last quarter, according to Bloomberg News surveys of economists. Grant speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg). Click Here for more info.
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James Grant, editor of Grant's Interest Rate Observer disagrees, that growth is likely to accelerate at a 2.6 percent annual pace...
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Grant Says Quantitative Easing Is Just Money Printing
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Monday, November 15, 2010
Federal Reserve & Puppet Obama Attempt to PULL THE WOOL OVER the Public's EYES
Researched/Posted by:
Poor Richard 2011
on
11/15/2010 08:44:00 AM
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