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View Diary: BREAKING: Fed Launches $40-Billion-a-Month QE3 Stimulus (129 comments)

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  •  Yeah it just (3+ / 0-)

    creates a stock and commodities bubble, and punishes savers. But hey, DOW 30,000 baby!

    The illusion of a growing economy serves the interests of the powers that be in the short term, but in the long term we all get screwed. Well, except for the rich. They will just enjoy the free money handed to them by the FED.

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