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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (106997)	1/21/2010 3:06:58 AM
From: Perspective	1 Recommendation Respond to of 116555

zerohedge.com Aside from keeping Mortgage Rates manageable, Q.E. has been a failure from a monetary standpoint. Ben has no more bullets, and since the decade-long phenomenon of inflation-exporting to China may be at an end, the Fed is truly between a rock and a hard place, where, as speculated extensively, the only two realistic outcomes are either a deflationary spiral or accelerating (hyper) inflation. Perhaps it is only fitting that Bernanke should be reappointed in order to fully deliver this country to Keynesian grave which his predecessor did such a great job at digging. `BC