Wednesday, May 22, 2013
Ben Bernanke may resign soon to avoid FED hangover
Ateneo Professor on Entrepreneurship
Repost from Newsmax by Dan Weil and Kathleen Walter May 19, 2013
Jim Rogers, the legendary investor who now resides in Singapore and head of Rogers Holding may not seek another term. The Federal Reserve bank is pumping up the economy with massive inflows of liquidity. Called as QE, Quantitative Easing, the FED pumps in $85 billion dollars a month to the economy through purchase of bonds and securities.
This massive printing of money is not seen as very positive by many. This is seen as to promote inflation and hurt the rest of America and the world.
Many, including Rogers sees that this QE must end soon, possibly this year (2013)
Repost from Newsmax by Dan Weil and Kathleen Walter May 19, 2013
Jim Rogers, the legendary investor who now resides in Singapore and head of Rogers Holding may not seek another term. The Federal Reserve bank is pumping up the economy with massive inflows of liquidity. Called as QE, Quantitative Easing, the FED pumps in $85 billion dollars a month to the economy through purchase of bonds and securities.
This massive printing of money is not seen as very positive by many. This is seen as to promote inflation and hurt the rest of America and the world.
Many, including Rogers sees that this QE must end soon, possibly this year (2013)
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