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Old 10-28-2009, 02:16 AM   #6
oronozopiy

Join Date
Nov 2005
Posts
367
Senior Member
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I would add to KH's post that the Fed has zero practice in removing this magnitude of stimulation. In theory, there's nothing to it. But in reality, the Fed could fvck it up so that we have deflation or inflation. To guard against a possible fvckup into continued deflation, the Fed might accept a few years of elevated inflation.
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