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Tuesday, September 25, 2012

Monetary

News                                                                                                                             
CNN Money | Goldman: Fed's QE3 could hit $2 trillion
The Federal Reserve's QE3 bond buying program announced earlier this month could last until the middle of 2015 and eventually reach $2 trillion, according to an estimate from economists at Goldman Sachs.

Econ Comments & Analysis                                                                                            
Market Watch | Fed’s Williams: QE3 asset buying may be expanded
The Federal Reserve could expand its stimulus package to include assets other than mortgage-backed securities if the U.S. economy fails to respond to its latest effort to jump-start the economy.
AEI | Why the stimulus failed
Ask most Americans about the big-spending government policies of the last few years, and they will tell you the programs have failed.