[lbo-talk] Does QE2 work?

123hop at comcast.net 123hop at comcast.net
Wed Nov 3 16:48:31 PDT 2010


----- Original Message ----- From: "Chuck Grimes" <c123grimes at att.net>

Would somebody on LBO explain the above.

It sounds to me like bullshit that will just encourage another bubble and crash. In my theory lending isn't going to business because the rate of return is lower than other uses of money.

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Well yeah. The only thing that's going to work is a massive jobs program.

Joanna



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