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Sukhbir 2015-12-12 23:06:41

The banks balance sheet neeedd fixing. The Feb initiated QE2 which gave the primary banks money. The banks used this money to speculate in the futures market. When QE 2 ended because of the debt ceiling limit the banks sold up early and made huge profits. This should not come as a surprise Ben Bernanke has said may times the increase in inflation will be transitory'. Since inflation was caused by high commodity prices then high commodity prices must be transitory too.

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