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**Roamsaffots** · 09-21-2011, 06:58 PM

I heard it was like $1.3 trillion or so in the last week ( 1 trillion euros = roughly 1.3 trillion dollars)

So that is about twice as much as QE2 ($600B), which was bigger than QE1.5 ($500B), which was bigger than QE1 ($300B). Of course I am not counting the printing to cover the commercial papers default, but I don't have those figures in my head... One thing is clear though...

Monetization is accelerating!

09-21-2011, 06:58 PM	#14
Roamsaffots Join Date Oct 2005 Posts 509 Senior Member	I heard it was like $1.3 trillion or so in the last week ( 1 trillion euros = roughly 1.3 trillion dollars) So that is about twice as much as QE2 ($600B), which was bigger than QE1.5 ($500B), which was bigger than QE1 ($300B). Of course I am not counting the printing to cover the commercial papers default, but I don't have those figures in my head... One thing is clear though... Monetization is accelerating!
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