There is a link at the bottom of this writing…
It will take you to a Jan Hatzius interview that was covered by Bloomberg.
Hatzius statest that it could possibly take two trillion to get our economy where it needs to be.
The article is from Oct. 24th, and Hatzius “prediction” of the QE amount announced yesterday was not too far off, considering.
“We expect an announcement of $500 billion or perhaps slightly more over a period of about six months,”
He was $100 billion, and two months off…
Who is Jan Hatzius you ask….
He is the New York-based chief U.S. economist at Goldman Sachs.
Read this article, if you don’t have time, find some.