Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.

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.

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DeLong vs. Grant: Is QE3 a lifeboat or torpedo? was first posted on June 18, 2011 at 9:30 am.
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