Kudlow: Fed's T-Bill Purchases are "Basically" QE

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Finally they admit it. Took how many months?

Only way to juice markets higher. As I have repeatedly said, without fed intervention and the trillions and trillions they have pumped into this market, the Dow Jones industrial average would still be trading below 10,000....thank the fed for every single penny you have acquired from this market since the last financial collapse...
 
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