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Martin Armstrong: Why Gold Bugs Are Wrong About The Fed Restarting QE

Armstrong Economics, Released on 11/19/19

The Fed is NOT engaging in QE nor is it engaging in MMT. The Fed is standing in the middle because banks do not trust banks. The crisis is by NO MEANS in the United States.

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One Response to Martin Armstrong: Why Gold Bugs Are Wrong About The Fed Restarting QE

  1. Prof Chaos Reply

    11/20/2019 at 7:54 am

    Mr. Armstrong says the repo purchases are not QE but he does not offer any explanation as to why creating money and expanding the Feds balance sheet is not QE other than stating no one other than him understands the Feds actions; WEAK ARGUMENT with no facts or info to back it up.

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