Why the Next Round of QE is Likely to Target Housing

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When QE2 launched,  we cited a WSJ op-ed by our friend and frequent guest Andy Kessler, where he made the case that Bernanke’s real motivation for QE2 was to prop up the woeful housing market: I have a different explanation for the Fed’s latest easing program: Without another $600 billion floating through the economy, Mr. […]

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