HOISINGTON: Quantitative Easing Has Been Devastating For American Households

Tuesday, October 16, 2012
By Paul Martin

Lucas Kawa
BusinessInsider.com
Oct. 16, 2012

John Mauldin recently pointed his readers to Hoisington Investment Management’s recently released Q3 Quarterly Review and Outlook.

Authored by Van Hoisington and Lacy Hunt, the two go after the Federal Reserve’s easy monetary policies and they view QE3 as “a tacit admission by the Fed that earlier efforts failed.”
Not only have they failed to boost the economy, they’ve also caused “devastation for households.”

The Rest…HERE

Leave a Reply

Support Revolution Radio

For a limited time only, your donation get you a special perk. Every $30.00 donation gets you a fancy "say no to Government Hat". Every $20.00 donation gets you the same, but on a wonderful coffee mug. Just click the button below and give till it hurts...