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Of course Bernanke could easily counter any such loss with fresh QE money for the afflicted, but might be queasy about so doing if there is enough fuss.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Apr 4th, 2013 at 12:00:41 PM EST
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