With unlimited QE we can proudly go over the cliff with the throttle on the floor, instead of trying to slam on the brakes and clumsily bumping over the edge.
I think we've already gone over the cliff. What we are trying to do now is negotiate a softer landing. Landing in the water instead of the rocks below.
9 posted on 11/10/2013 12:41:15 PM PST by oldbrowser
(The debt limit is the emergency brake on government spending)
