Reuters reports that there may be a point at which global investors get indigestion from U.S. money printing. A fresh round of U.S. monetary easing may even do more harm than good for long-term investors as another flood of easy money into fast-growing emerging economies risks refueling oil and commodity price inflation, sapping consumption and growth.
Prospects for a third round of the Federal Reserve's quantitative easing program (QE3) grew this month after Chairman Ben Bernanke said the central bank was prepared to ease further if economic growth and inflation falter again.
Nearly in one in two fund managers surveyed by Bank of America Merrill Lynch this month said QE3 was likely. The temptation for risk-loving investors is to rub their hands with glee, but…
http://ca.reuters.com/article/topNews/idCATRE76Q0VI20110727
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