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qe 3 party tonight, page-12

  1. moorookamick
    23,959 Posts.
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    14/09/12
    02:05
    Post #: 10716721
    IMO QE3 should have been instituted months ago to avoid political
    inferances. If the USA wants to avoid a Moody downgrade in credit rating then it has to improve its GDP to debt ratio. Since there is little chance of a balanced/surplus budget anytime soon, the only hope is to lift GDP.

    The first effect of QE3 will be a drop in value of the $US ( its happening now in anticipation of QE ) which will make exports
    more internationally competitive and gradually improve employment. At this stage, the inflation downside is not significant.

    So in summary, my guess is QE3 tomorrow packaged in a fancy wrapper with
    a catchy title.

    Cheers
    Moorookamick
    Value at posting: $0.00
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