"Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason â€“ QE is not going away for a long time."

--

Source : "GUNDLACH: Anyone Who Says Interest Rates Will Rise Soon Is 'Absolutely Wrong'" by Lance Roberts, www.businessinsider.com. May 3, 2013.

Jeffrey Gundlach

#Running Quotes #Country Quotes #Long Quotes

“Of course, Einstein was a very great scientist indeed, and I have enormous respect for him, and great admiration for the discoveries he made. But he was very committed to a view of the objectivity of the physical world.”
“[Voters] are trying to make up their mind on who has a better plan for the economy, whose presidency would more positively impact my life?”
“Silence becomes cowardice when occasion demands speaking out the whole truth and acting accordingly.”
“It was great fun working with Pierce [Brosnan]. He taught me a lot in terms of professionalism and how to take care of yourself on these action movies. They're fairly long shoots and they're fairly physical and fairly emotional, so you have to maintain yourself and make sure you can make it all the way through. That's something I learned from him.”
“Law is death. The more of the law in a country, the worse for the country.”
“Our global economy is out of control and performing contrary to basic principles of market economics.”
“I don't think Republicans will be fooled into taking this necessary spending and using it to oppose pro-growth tax cuts, using this tragedy and those deaths for his own political desires.”
“A god that created the world and then walked off the site leaving it to its own devices is not a fit object of worship, nor a source of moral authority.”

Source : Simon Blackburn (1999). “Think: A Compelling Introduction to Philosophy”, p.117, Oxford University Press

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