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Loan Modification

: Mortgage Lender Implode-o-Meter

The Recklessness of Quantitative Easing

By Implode-Explode Heavy Industries

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``further attempts at QE are likely to have little effect in provoking increased economic activity or employment. This is not because QE would fail to affect interest rates and reserves. Rather, this policy will be ineffective because it will relax constraints that are not binding in the first place.''

Full post as published by Mortgage Lender Implode-o-Meter on October 19, 2010 (boomark / email).

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