Bernanke Fires Back at QE Critics
After the announcement of a third quantitative easing program , critics were quick to point out the flaws and inevitable downfalls of Bernanke’s plan, Commodity HQ included. The main complaints have been that the consistent money printing will eventually lead to hefty inflation and a weak dollar. Others feel that QE is simply propping up the economy and when the asset purchasing is stopped, the economy will suffer a major blow . Though Bernanke has been quiet since the announcement of the open-ended easing, he has since publicly reached out to decry the criticisms from analysts around the nation [for more economic news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Why QE3 is Just Delaying the Inevitable Precious Metals Roundup: Gold Leads, Silver Lags SPY vs. GLD vs. SLV, How 2012 Has Shaped Up Faber: Romney’s Fed Chairmen Will Print Trillions 10 Commodity ETFs with Monster Inflows in 2012
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