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dtom67

(634 posts)

3. QE IS a terrible thing, but ...

Reply to Omaha Steve (Original post)

Thu Aug 22, 2013, 01:14 AM

Aug 2013

There is no way they will stop. A Ponzi scheme needs ever - increasing amounts of cash coming in at the bottom to keep a collapse from happening. Who will buy our debt at near - zero rates?

That being said, if there was to be an exit, it would make sense to do it right before Big Ben quits. That way the next guy will not have to worry about political pressures.

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Highlight:

Dow sinks for sixth day as traders ponder Fed exit [View all] Omaha Steve Aug 2013 OP

Run-up was over-reaction to QE. Drop is over-reaction to the tapering plan. BlueStreak Aug 2013 #1

"Some investors believe the Fed's bond-buying has inflated stock prices." Fearless Aug 2013 #2

QE IS a terrible thing, but ... dtom67 Aug 2013 #3