QE3, OMT, APP equals D-U-D?BY BENJAMIN ONG | FRIDAY, 26 OCT 2012 10:05AMSince the ECB, the Fed and BOJ announced fresh stimuli, their respective equity markets have retreated. |
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Love your column Ben. for what it's worth I have a very simplistic view. All this money being tipped into the economy increases volatility and once the money is released there is little to control where it ends up. I'm tipping a large proportion ends up in commodities causing large swings in prices and the currencies of many countries. Which in turn causes problems for other parts of the economy. Oh well, as you say once they fired the first bullet......If nothing else it will make fascinating study material for the next generation!