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  • Fed's Fisher to Wall Street: QE3 is "fantasy"

    From reuters.com

    Dallas Federal Reserve Bank President Richard Fisher had a message for Wall Street on Wednesday: don't expect more from the U.S. central bank. Goldman Sachs and other Wall Street economists have for months predicted the U.S. central bank will embark on a third round of quantitative easing, or QE3, adding to purchases of long-term securities that have already pushed the Fed's balance sheet to nearly $3 trillion. "There will be no QE3," Dallas Fed President Richard Fisher told reporters after a speech here. "I will support no QE3, no additional mortgage-backed securities, no additional Treasuries." Fisher, the only ... (full story)

there inflation still growng , if policy maker is sayng to banks lke goldman and fisher that they dnt wnt more mortgage backs then that doesnt mean that big players lke goldman and fisher and jp morgan will not mke data of people mkng foreclosures, still theres a huge population of americans under forclosure, they just sayng in there meetngs not to do that n that n bla bla bla to goldman and other big banks but those big players only think of there profits more not about usa economy, so leave all this shit n show some records and facts and good numbers on papers not do tlkng do some action which they wont becoz its a deep game of mkng huge profits for big fishes lke goldman n fisher n jp morgan , so fuck of fed speeches , dollar will come down
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  • Posted: Feb 15, 2012 2:16pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 1,229