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Politics : President Barack Obama

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To: RetiredNow who wrote (123915)10/15/2012 11:37:30 PM
From: Sr K  Read Replies (2) of 149317
 
bloomberg.com

Soros also says:

“They are engaged in a very delicate two-phase maneuver,” Soros said. “First is to increase the quantity of money available and then eventually they’ll have to reduce it when the economy resumes a faster rate of growth.”

“It’s conceivable that it can be done but it hasn’t yet been done,” Soros said. “Until then the possibility that eventually you could have a much greater inflation at some point is a very real one.”

You give up before Bernanke starts the second phase. It will take past 2018 to complete.

But Romney would also give up.
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