Will QE3 Create Illusory Wealth? 9.17.12 (Part 2) Real Estate 360 Live With Louis Cammarosano





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Published on Sep 18, 2012

Ryan notes that Donald Trump said that QE3 will help him. Louis note that people who live by borrowing money will benefit the lower the cost of borrowing is.Louis notes that the stock market is not an indicator of the health of the economy.

Louis notes that Bernanke wants people to think the stock market and housing market are improving.
Louis notes that the US economy should not be driven by people moving in and out of homes and the value of those homes, but rather by the production of goods and service.

Louis and Ryan note that QE3 is designed to increase the "wealth effect". Ryan notes that Peter schiff called QE3 kamakzi policy.

Ryan notes that Eagan Jones downgraded the US to -AA.
Louis notes that Peter Schiff, George Soros, Paulson, Bill Gross of Pimco have sounded the alarm on the US dollar.

Louis notes that the media makes fun of Peter Schiff and Ron Paul for wanting to return to a gold standard


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