Sunday, December 5, 2010

QE3 to tackle deflation…..

Bernanke’s QE3 faces stiff resistance

Ben Bernanke, chairman of the Federal Reserve, was expected to open the way for a third blast of bond purchases in a 60 Minutes interview, but any such move is likely to face resistance from Fed hawks and mounting criticism in Congress.

Posted by tom101 @ 06:53 PM (1140 views)
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4 thoughts on “QE3 to tackle deflation…..

  • so the penny is dropping…… “baby please let me come back, i know i hit you last time but i promise never to do it again, just give me one more chance”…… there comes a time when even the most put upon female hits back and (unless shes on Jeremy Kyle) actually says enough is enough now F*ck off….

    I wonder if the love affair with Ben is now over and if he will be ALLOWED (i know i sound like a broken record) to come back for in the words of George Michael “one more try”???

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  • Maybe it will work. QE2 didn’t kill the dollar, so why should QE3 be any different.

    There are still plenty of mugs about.

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  • general congreve says:

    Yessssssss, Mr. Ben lurveessss the preciooouuussssssssss!!!

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  • ‘but any such move is likely to face resistance from Fed hawks and mounting criticism in Congress.’

    Since when has that made any difference to things being forced through, apart from the audit the fed bill.

    Go figure!

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