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That's on purpose. The point of the "quantitative easing" that's been happening is two pronged. The first is to let the largest banks feign solvency. The second
by im_down_w_otp 8y ago
That's on purpose. The point of the "quantitative easing" that's been happening is two pronged. The first is to let the largest banks feign solvency. The second is to reinflate asset prices to rebuild bank balance sheets.