Friday, 18 May 2012

UK may need more QE, warns Bank of England’s Adam Posen

All the major Western Central Banks will print to infinity in an attempt to prevent financial Armageddon. Once the policy is underway, QE cannot be removed from the economy without economic collapse until the system is reset.

QE to Infinity…AND BEYOND!!! Bank of England policymaker Adam Posen said he was too optimistic about prospects for the UK economy, suggesting he should not have dropped his call for more stimulus....Silver Doctors

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