DeLong vs. Grant: Is QE3 a Lifeboat or Torpedo?

With the U.S. economy showing signs of softness as the Fed’s second round of “quantitative easing” is set to expire, many are asking whether a third round of stimulus is in order. Berkeley’s Brad DeLong and Jim Grant, of Grant’s Interest Rate Observer, offer their differing takes on whether QE3 is a good idea.

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Real Time Economics
6/16/2011 8:00:43 AM

Category: Federal Reserve, Video

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