Nov 21, 2013
Gordon T. Long is a numbers guy. He likes to sift through the data to find the real story. And what's really going on now is that contrary to Fedspeak and the mainstream media, there will be no Tapering. To the contrary, look for Quantitative Easing to actually increase. The reason is quite simple. Without increasing QE, the entire global economy will collapse. While the reasons are complicated, the shadow banking system is a bottomless pit that requires and endless amount of liquidity. And the Fed can never stop feeding the liquidity monster.
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