Republicans Bernanke: QE2 could jeopardize dollar
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WASHINGTON - Binding of the US Federal Reserve purchase program of can endanger the dollar, spawn inflation and generate top price bubbles Republican lawmakers said in a letter to the President of the Federal Reserve, Ben Bernanke has published Wednesday.
Program quantitative easing from the Fed 600 billion dollars "introduces uncertainty about the future strength of the dollar and could lead to two difficult to destroy, long-term inflation and potentially generate artificial bubble that might cause more economic disturbances" wrote Republican leaders of the House of representatives and the Senate.
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