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Daily Archives: February 6, 2013

From QE to Queasy: Fiscal Policy and the Risk of Inflation

ArchiveBy adminFebruary 6, 2013

Quantitative easing enables the government to issue low-cost debt and support undisciplined spending. This spending, in turn, generates inflation, which chokes off private sector growth and transfers wealth from future taxpayers to the current generation, CIO Jason Hsu writes in this commentary.

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