Replies to Msg. #647871
.
 Msg. #  Subject Posted by    Board    Date   
05661 Re: Good summary IMVHO
   Hi tkc, That's another good reason. And for goodness sake's let's m...
Cactus Flower   ALEA   23 Aug 2011
10:42 PM
05659 Re: Good summary IMVHO
   FYI Cactus: http://www.bloomberg.com/apps/quote?ticker=DXY:IND
killthecat   ALEA   23 Aug 2011
9:08 PM

The above list shows replies to the following message:

Re: Good summary IMVHO

By: tkc in ALEA
Tue, 23 Aug 11 7:57 PM
Msg. 05658 of 54959
(This msg. is a reply to 05657 by Cactus Flower)
Jump to msg. #  

Hi CF, ex FOMC member McTeer said on CNBC this morning that QE2 was necessary because banks were forced to increase their reserves and thus couldn't lend. The alternative was to put a stranglehold on the economy. The "right" just uses this for political purposes.