“QE3 would be a very bad idea,” says El-Erian

 EmailPrint This Post Print This Post

Mohamed El-Erian, Pimco CEO & co-CIO, explains how the Fed decided on QE2. “QE has helped the crisis around the world,” he says. But he also adds, that “QE3 would be a very bad idea”.

Source: CNBC, April 14, 2011.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

OverSeas Radio Network

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>




Top 100 Financial Blogs

Recent Posts

Charts & Indexes

Gold Price (US$)

Don Coxe’s Weekly Webcast

Podcast – Dow Jones

One minute - every hour - weekdays
(requires Windows Media Player)
newsflashr network
National Debt Clock

Calendar of Posts

April 2011
« Mar May »

Feed the Bull