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DAC64

05/29/12 8:52 PM

#7236 RE: gharma #7235

There is no incentive to announce QE3. QE1 and QE2 were announced to pump up the stock market. That has been accomplished. The idea is to devalue in a way that the masses do not notice. This QE3 must therefore be stealthy. I suspect there will be no announcements. However, the huge deficit must be paid with borrowed money or printed money, and I do not see many lenders lining up.