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QE is undemocratic!


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#1 andiron

andiron

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Posted 28 August 2012 - 05:54 PM

http://www.reuters.c...E8JRE9420120828


QE not only inflates assets (of 1% pop typ), it also raises prices of goods that would come out of earnings of joe/jane...
in other words QE may be considered unconstitutional ...in its strictest sense.....