Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
Former Federal Reserve Vice Chairman Alan Blinder, a professor at Princeton University, talks about Standard and Poor’s decision to reduce the credit rating on the U.S., and the possibility of another round of quantitative easing by the Federal Reserve.
Source: Bloomberg, August 18, 2011.
Blinder sees “reasonably high” chance of QE3 this year was first posted on August 19, 2011 at 8:50 am.
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