DeLong vs. Grant: Is QE3 a lifeboat or torpedo?

 EmailPrint This Post Print This Post

With the U.S. economy showing signs of softness as the Fed’s second round of quantitative easing is set to expire, many are asking whether a third round of stimulus is in order. Berkeley’s Brad DeLong and Jim Grant, of Grant’s Interest Rate Observer, offer their differing takes on whether QE3 is a good idea.

Source: The Wall Street Journal, June 16, 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

2 comments to DeLong vs. Grant: Is QE3 a lifeboat or torpedo?

  • boatman

    both….a kick the can down the road temporary lifeboat with a rotten bottom.

    the day before its announced(hinted at) will be a year DOW low and summer gold low.

    not much of a DOW bounce this time…..diminishing returns?

    extend n pretend ’til the next bigbadabust…..pick your gray swan.

  • Bill Spangler

    Jim Grant again hits nail on the head. Very good presentation. Thanks for having these two on “postcards”…..!!

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=""> <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

June 2011
MTWTFSS
« May Jul »
 12345
6789101112
13141516171819
20212223242526
27282930 

Feed the Bull