Home › Forums › Housing › The Fed’s $600 Billion Statement, Translated Into Plain English › http://www.oftwominds.com/blo
http://www.oftwominds.com/blognov10/asset-deflation11-10.html Asset Inflation/Deflation: The Fed’s QE2 vs. $15 Trillion in Losses (November 2, 2010)
Given that the economy faces $15 trillion in writedowns in collateral and credit, the Fed’s $2 trillion dollars in new credit/liquidity is insufficient to trigger either inflation or another speculative bubble.
