[lbo-talk] Does QE2 work?

[123hop at comcast.net]

----- 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