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More in the link
1 posted on 07/11/2013 10:56:30 AM PDT by Kaslin
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To: Kaslin
Ms. George dissented because she viewed the ongoing improvement in labor market conditions and in the outlook as warranting a deliberate statement from the Committee at this meeting that the pace of its asset purchases would be reduced in the very near future. She continued to have concerns about maintaining aggressive monetary stimulus in the face of a growing economy and pointed to the potential for financial imbalances to emerge as a result of the high level of monetary accommodation.

IOW, the bond bubble and carry traded dollars will crush the world and U.S. economies when they pop/unwind. All she wants to say is that we will reduce the insanity very soon, not "now" or "really soon".

2 posted on 07/11/2013 12:52:11 PM PDT by palmer (Obama = Carter + affirmative action)
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