[lbo-talk] Does QE2 work?

Miles Jackson cqmv at pdx.edu
Wed Nov 3 16:46:50 PDT 2010


On 11/3/2010 4:01 PM, Doug Henwood wrote:
> They can buy all the bonds they want but they can't make the banks lend out the cash. Until that changes, QE2 is bupkes.
>
> Doug

They could if we nationalized the banks! (A guy can dream, can't he?)

Miles



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