QE3: Doubling Down on Irresponsibility

Helicopter Ben is at it again: Bernanke’s Fed has engaged in what has euphemistically been called “quantitative easing” or “QE.” The result of a QE program, Bernanke says, will encourage consumer spending, reduce unemployment, strengthen the dollar and help savers. In short, if it works, QE can be a magic elixir (or at least a […]

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