QE and Real GDP
Posted on April 29, 2011 at 14:36 PM EDT
To which they respond ‘monetary policy works with a lag’ And to which I add, yes, it lags until the next fiscal adjustment kicks in. ;) > > But equities continue to peform relatively well. > Yes, they should be ok with any positive top line growth. The risks that remain are a hard landing in China, a euro [...]
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