Quantitative Easing To Infinity And Beyond!
“Quantitative easing” to infinity and beyond! Fed Chairman “helicopter” Ben Bernanke, at the prompting of “The Community Organizer in Chief”, is determined to destroy the dollar in order to restore the economy. Kind of counter productive, don’t you think? This is Keynesian economic mythology to the power of ten. “Quantitative easing” to infinity and beyond! With this second round of “quantitative easing”, the Federal Reserve is purchasing U.S. Treasury securities and paying for them by creating billions of dollars out of thin air. Because the U.S. economy is slowing dramatically, it is unlikely that the “regime” and Fed Chairman Bernanke will curtail “quantitative easing” in the near term. This policy [...]
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