QE has permanently ruined bonds for investors
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You used to earn an interest rate roughly inline with nominal GDP growth,
even slightly better.
Since the Fed started manipulating interest rates with QE,...
5 weeks ago
14 comments:
These so called progressives remind me of Mr. Magoo driving a car: they're driving everyone into the ditch. Nancy Pelosi and Harry Reid didn't give a squat about ObamaCare's consequences; they're exempt from the disasters once they're retired from Congress and the Senate. They had the gall of not reading the 2000+ pages of the bill before shoving it down our throats.
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