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GALBRAITH: QE2 IS AN “ILLUSION”, WILL DO “NOTHING”

The list of credible people who believe QE will do absolutely nothing is growing by the day.  Unfortunately, this bank bailout is going to be passed off as some sort of Main Street stimulant and the system will continue along its misguided pathway.

James Galbraith sat down with Tom Keene this morning to discuss the illusion of QE2:

Source: Bloomberg TV

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