Saturday, May 14, 2011

QE3?

Well it may be on the way. Mr. Blinder, a Princeton professor seems to have been the first to suggest we need it. He told his Bloomberg host the "US needs "somewhat more" fiscal stimulus once again in order to boost employment". In other words, keep the presses rolling until the unemployment number gets better. Apparently he wrote an article titled How We Ended The Great Recession back in July 2010.

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