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QE... Forever

James Doan - Wednesday, September 18, 2013

The Fed announced today that it will continue its quantative easing program of purchasing $85 billion in bonds per month, in order to continue supporting the fledgling economy.  The Great Recession, which was declared officially over in the first quarter of 2009, seems to have left in it's wake 4 years of economic strife that most Americans wouldn't call "recovery."  Most Americans have seen their medical insurance rates rise (thanks to Obamacare), the unemployment rate has remained high, and as of today, the Fed announced that it will not taper QE because it wants to see more evidence that the so called "recovery" will be sustained.   With the continued economic strains, many Americans would like to see some economic recovery in their personal lives.  If you are one of them, call Doan Law Firm today for a free consultation.  

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