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QE3 Preserves, not Settles

出自香港新聞網 - 樹仁新傳系學生實習習作

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(To be precise, Tim Chan described the QE3 as a hypertension medicine, not, as you said, a medicine to sustain the life of chronic patients. You lead is too long while you try to squeeze too much information in one sentence. You need to spell out what QE stands for in its full form and that is Quantitative Easing. You also need to explain, albeit briefly, how QE works so readers might get a hang of it.)


SIU, Hang Nam 25 September, 2012

Tim Chan, Executive Chief Editor of the Hong Kong Economic Journal, described the QE3 as medicine to sustain the life of chronic patients, and it never totally cures the economic system in the general assembly of the Journalism and Communication Department.


Chan was asked about the recently announced QE3’s effectiveness on the US economy. He said that QE3 is just a necessary measure to preserve the US economy from collapsing, as QE1 and 2 did, and it is not the ultimate solution to the gloomy market. He describes QE the medicine for chronic diseases like high blood-pressure: necessary, but no way to solve the problem for good.


In addition, he clarified that the actual operation of QE is not to print more money notes, it is only policies to increase the money circulation in the market.
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