It’s not fear when it’s what you want

The FT is horribly confused. The point of QE3 is to loosen monetary policy to encourage consumption and investment to boost demand to get away from the zero lower band.

Increased inflationary expectations are EXACTLY WHAT BERNANKE IS AFTER, not market fears of inflation.

Published by David Kirk

The opinions expressed on this site are those of the author and other commenters and are not necessarily those of his employer or any other organisation. David Kirk runs Milliman’s actuarial consulting practice in Africa. He is an actuary and is the creator of New Business Margin on Revenue. He specialises in risk and capital management, regulatory change and insurance strategy . He also has extensive experience in embedded value reporting, insurance-related IFRS and share option valuation.

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