QE 1 and 2

This is the S&P 500 against the Dollar Index for your reference…

QE1 resulted in a roughly 60% increase vs. a drop of 10% in the dollar (against other fiat currencies)

QE2 resulted in a roughly 20% increase vs. another drop of 10% in the dollar (against other fiat currencies)

Overall QE1/2 resulted in a roughly 90% increase vs. another drop of 20% in the dollar (against other fiat currencies)

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