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	<title>Financial Standard Comments - US stimulus having no direct impact</title>
	<description>Quantitative easing is having little direct impact on the market, according to Cato Institute senior fellow Dr William Poole.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=35661536</link>
	<lastBuildDate>Fri, 25 Oct 2013 13:56:49 +1100</lastBuildDate>
	<pubDate>Fri, 25 Oct 2013 13:56:49 +1100</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by Steve Gibson (retired)</title>
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<p>Uh, let&#39;s see...a senior fellow from the Cato Institute, originally founded as the Charles Koch Foundation, has a very critical opinion of Fed policy and adds a cheap shot at regulations and taxes on his way out. Yeah, never saw that coming.</p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Steve Gibson (retired)</dc:creator>
		<pubDate>Fri, 25 Oct 2013 13:56:49 +1100</pubDate>
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Comment by Damian Lillicrap (Author 'Kitchen Table Economics & Investing')
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<p><p>No impact?? Spare me! US equity markets are at record highs while economic growth continues to be soggy - no risk there. Double digit gains in residential property - didn't we re-remember property was a "real" (inflation related asset) after the crash?</p>
<p>The biggest impact is that returns from most assets look set to be low for a decade (with the cash hurdle rate being so low). This will impact people saving for retirement. QE is not a victimless crime!</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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Damian Lillicrap (Author 'Kitchen Table Economics & Investing')
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		<pubDate>Fri, 25 Oct 2013 16:53:08 +1100</pubDate>
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