Thursday, December 2, 2010

More E and no sign of T

On the other hand, if serious risks of deflation or deflationary expectations emerge, then we would need to consider whether expanded asset purchases should be used to address these risks."
This is Fed member Plosser preping for the next round of Q. Like I say, they will come every six months, and we will get mostly E until foreigners completely dump dollars, then we get a great big T.

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