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“Unlimited QE3” Quick Analysis
Sunday, September 23, 2012 4:11
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Some key components of the Fed’s recently announced QE3 program are: The creation of $40 billion a month out of thin air to purchase mortgage-backed securities at artificially low interest rates; the continuation of Operation Twist; QE without any defined limit; the purchase of additional assets as required; and near-zero interest rates until at least 2015. Continue reading
2012-09-23 04:04:38
Source: http://blog.bmgbullion.com/economy/unlimited-qe3-quick-analysis/
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