“Critics of the Fed — and even someFed members — point to various unintended consequences QE2, including the possibility of a new asset bubble in financial markets, a return of inflation at painful levels, and even a currency or trade war with U.S. trading partners due to a weakening dollar.

But some economists say the biggest problem with more easing is that such a move will have little if any positive effect on the economy.” Read more. 

“Why the Fed’s bold move won’t work” 
Chris Isidore 
CNNMoney.com, October 29, 2010. 

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