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Economy - Economics USA

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Terrence Aym

The world's largest retailer just completed a confidential study that's revealed inflation has already heated up. This information is counter-intuitive to the second quantitative easing (QE2) strategy that Federal Reserve Chairman Ben Bernanke is p

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ZeroHedge.com

Alan Greenspan expanded the money supply after the dot-com bust, dropped interest rates to 1%, encouraged a credit-driven boom, and created a gigantic housing bubble. By the time the Fed realized they had created a bubble, it was too late.