Thursday, November 18, 2010

Bernanke's `Cheap Money' Stimulus Spurs Corporate Investment Outside U.S.

Bloomberg  "Southern Copper’s plans illustrate why the Fed’s second round of bond buying may not reduce unemployment, which has stalled near a 26-year high. Chairman Ben S. Bernanke and his colleagues appear to be fueling a foreign-investment surge, underscoring the difficulty of stimulating the economy through monetary policy with interest rates already near record lows."

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