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

By Prieur du Plessis, on June 18th, 2011 posted in: Economy, US 2 people had their say - chime in!

Tweet

Email

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.

More on this topic (What's this?)

Anticipating The Rate Hike (Disciplined Approach to Investing, 8/14/15)

Rising Interst Rates Historically A Positive For Equity Returns (Disciplined Approach to Investing, 9/3/15)

U.S. Economy: This Number Suggests the United States is on the Verge of Economic Collapse (Jutia Group, 7/11/15)

Read more on Lingui Development, Sun Hung Kai Pties, Quantitative Easing at Wikinvest

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

• boatman

  June 18, 2011 at 1:17 pm

  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

  June 18, 2011 at 4:03 pm

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

Copyright © 2017 Investment Postcards from Cape Town - All Rights Reserved
Powered by WordPress & Atahualpa