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QE's - What "EXPERTS" Have Been Telling You Are ALL WRONG
Who says QE is ineffective? If you’re
an owner of real estate or financial assets, it’s pretty darn
fucking effective.
From the Wall Street Journal:
The net worth of
U.S. households and nonprofit organizations rose
14% last year, or almost $10 trillion, to $80.7 trillion, the
highest on record, according to a Federal
Reserve report released Thursday. Even
adjusted for inflation using the Fed’s
preferred gauge of prices, U.S. household
net worth—the value of homes, stocks and other assets minus
debts and other liabilities—hit a fresh record.
Everything is awesome.
Mission Accomplished.
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