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Brian Domitrovic: QE Was A Failure
Nostalgia for former Federal Reserve Chair Ben Bernanke’s quantitative easing, “QE,” have we now? Let’s look into where that got us. QE refers to massive buying by our Fed of assets beyond United States government securities. During QE 1, 2, and 3, from 2008-13, the further assets of choice were mortgage-backed securities (MBS). The idea was
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Posted: May 1, 2019 Wednesday 11:06 PM