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The Threats of QE to the Economy
Michael Bociurkiw: Central banks face twin threats of slowing growth and persistent inflation. He says the Fed can keep on using quantitative easing, which has been deflationary for 10 years. The more money you go through fiscal, you'll get more inflation, he says; monetary won't see it.Bociurkiws: We need to see what's going to happen next year when supply adjusts to demand.