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Off the Cuff: When Trillions Aren't Enough

Our banks' bottomless need for capital
Thursday, October 4, 2012, 10:36 AM
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In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris discuss:

  • No Joy on Wall Street
    • Banks cry poor despite record profits
  • The Invisible Recession
    • Hidden by faulty data
  • The Fallible Fed
    • It really doesn't know what's going on
  • Our Taxing Tax System
    • The case for simplification

It's clear to all that QE3 is a continued push by the Federal Reserve to rescue the banking system. But why is it necessary?

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