QE2 was an abject failure. We now have it in the bag, along with the impact on the currency and markets. 20% debasement (roughly) of the dollar, 20% increase in the stock market – net zero. But look at necessary commodities. Oops. Discussion is here: http://market-ticker.org/akcs-www?post=187182
By silveristhenew | Published May 30, 2011
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