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Bernanke Launches QE3 to Help the Big Banks … Which Will Destroy the Economy

Sep 14th 2012 at 6:16 AM

The Fed announced that it will buy $40 billion dollars of mortgage-backed securities per month … indefinitely. This is just another bailout for the big banks. (If the government had instead given money directly to the consumer, we would be out of this economic slump by now)...

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