Tuesday, October 19, 2010

China's not the villain if the West tries to debase its debt through QE - Telegraph

 www.telegraph.co.uk/finance/comment/liamhalligan/8....html

This article notes that the US has already had a Quantitative Easing program of 1.7 Trillion (QE is when you print $ out of thin air and use it to buy your own debt). Historically, this has always been the action of countries in desperate financial trouble (just like us). http://chum.ly/n/3cefd3

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