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Last we checked in with Whalen, he was beating this clown into submission on CNBC. He's back today with a look at Bernanke's love-child, QE v. 2.0. Chris says it's not going to work as intended. Full detail on the inside.
Just last week, Bernanke was overheard saying:
- "It's hard out there for a Fed Chairman. Quantitative easing is not an easy gig. Rates are low. F**k that. Push them lower. Change the language. Buy Treasuries. Tell Geithner to build a pipeline from his office to mine. We're gonna buy so much worthless paper, they'll start calling me Richard Koo."
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