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island911 island911 is offline
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Join Date: Mar 2001
Location: an island, upper left coast, USA
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Seriously though, john70t is on to something there. That is we should look at all of these QE's in context of what happened with all the new money created for the housing market bubble. Specifically, what is the rate of new money creation now all vs. the massive new money creation which happened in the early-mid 2000's? I don't know the answer to that, but can imagine that money was being created faster back then as millions took out 10's - 100's of thousands in new equity. ... But I don't know. Anyone?
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Old 09-19-2013, 02:00 PM
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