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- With the September 13 FOMC announcement, everything is now in place; Open-ended government bond purchases by the ECB and open-ended Mortgage-backed securities (MBS) purchases by the Fed. Central bankers on both sides of the Atlantic launched what Jim Sinclair called “QE to infinity” within days of each other, setting the global stage for inflation [...]
2012-09-16 02:31:43
Source: http://politicalmetals.com/2012/09/15/from-operation-twist-to-operation-screw/