QE and gold: It's a good time to be a lunatic

QE and gold: It's a good time to be a lunatic
Currently QE is a kind of accounting trick, where banks make fortunes on free money but cover them up by vapourising their massive, but unaccounted for, bad debts. Furthermore, if interest rates rise then governments will have to buy their bonds for …
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FX purchases decline on signs of US QE easing
The State Administration of Foreign Exchange said on Monday in a statement that the net capital inflows that China experienced in previous months moderated "substantially" amid US signs on QE and downside pressure on China's economy. Meanwhile …
Read more on China.org.cn

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