US Fed’s QE3 stimulus may do more harm than good
Andy Xie: QE3 has finally arrived: the US Federal Reserve has promised to buy US$40 billion of mortgage-backed securities a month for as long as it deems necessary to revive the economy. QE3 is QE Infinity! Will it end with a thriving economy or a catastrophe? Remember, it was former Fed chairman Alan Greenspan’s “Midas … Continue reading US Fed’s QE3 stimulus may do more harm than good
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed