Thursday, September 27, 2012

Quantitative Easing Did Not Work For The Weimar Republic Either

It appears the cost/benefit ratio for QE is asymmetric.  The upside is limited (a temporary reduction in bond yields), while the potential downside is gargantuan (a hyperinflationary economic collapse).

http://theeconomiccollapseblog.com/archives/quantitative-easing-did-not-work-for-the-weimar-republic-either

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