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QE boost asset prices in stagnant economies as well, and, even for those growing under QE, the growth, maybe 2% at most, is dwarfed by the increase in asset prices which further exacerbates wealth disparities and increases the burdens on all who don't own through higher rents.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Mar 14th, 2016 at 03:45:27 PM EST
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