“Why the Fed’s bold move won’t work”
“Critics of the Fed — and even someFed members — point to various unintended consequences QE2, including the possibility of a new asset bubble in financial markets, a return of inflation at painful levels, and even a currency or trade war with U.S. trading partners due to a weakening dollar.
But some economists say the biggest problem with more easing is that such a move will have little if any positive effect on the economy.” Read more.
“Why the Fed’s bold move won’t work”
Chris Isidore
CNNMoney.com, October 29, 2010.
Image by Francesco Marino / FreeDigitalPhotos.net.
