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11/05/2012

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How can the economy REALLY get better with stuff like QE3 occurring?

It depends on what one means by "better". Enough liquidity could certainly start another bubble, no? I'd say that such a scenario isn't better due to the subsequent bust that must follow. To a large swath of Americana, however, the short-term seems to be all that matters because it is within the short term where their politics reside.

I question the deflator used to determine GDP eliminates all of the blowing up from the image, so GDP figures will be great even though some part of it will be inflationary half truths.

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