Thursday, April 17, 2014

QE will not stop ever

When the US started quantitative easing, I said right away it will not end before we have QE-99. Usually, when government introduces a program, they don't end it, and my sense is though they have implemented some tapering, the moment US stock markets drop 10 per cent-20 per cent, they will actually increase active bond purchases, and I don't think they will ever stop buying assets.