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If QE is "heroin", what is "methadone" and how do we avoid "side effects"?

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The Federal Reserve remains concerned about exiting the massive bond buying program that has been in place for over a year now. The program has become a bit of a trap (see post), creating a dependence on an unsustainable levels of stimulus. The concern is that in an environment where inflation is at historically low levels, cutting back on monetary s...


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