QE2... why and what if it fails?

[cr6196]

I'm not...the situations can't be equated and the economic effect of Iraq is minimal compared to other factors. Either way, the relevance Vietnam had wasn't that it drained the economy anyway.

War is more interesting. From what I've seen the marginal benefit decreases rapidly. Iraq was basically useless.

You shouldn't call bwoods a gold standard either. Last gold standard was pre-ww1.

 

[Atilla]

I would suggest that the war industry is extremely profitable, to assume anything other, is naivety at its core!,...

Yes true - as long as one is supplying warring factions and not doing the fighting. :!:

 

[scose-no-doubt]

My, my, how quickly a year goes by.

 

[LuKOs.ro]

My, my, how quickly a year goes by.

The new question is what will happen when "Operation Twist" fails, and what happens when QE3 will fail ? Will the interest rates follow their normal course and rise?