Wednesday, April 18, 2012

QE3 and the Looming Danger of Currency War 2

Related article must read .. link .. *Expect The New QE As Soon As April ... .. and from last night .. Goldman Sachs doubles profits (Hmm .. That's Because Goldman Sachs Rules The World. Right?) ...

April 18, 2012

QE3 and the Looming Danger of Currency War 2

Like Pavlov's dog, which would salivate at the sound of a bell, U.S. stock market investors will these days launch into a buying frenzy at the faintest hint of more monetary stimulus.

But if Federal Reserve officials' assurances of continued support for the U.S. recovery have released feel-good endorphins among wishful thinkers on Wall Street, their subtle admissions that a third round of "quantitative easing," or QE3, isn't off the table may equally have sent emerging market central bankers into a cold sweat.

Financial authorities in developing countries fear their economies will be in the line of fire if U.S. ...

read full article here