How much will Ben print up for QE3? You have to know it is coming.
Oh,It’s coming...
He gives a speech tomorrow... so I’d bet it comes tomorrow.
LLS
I was listening to Mark Levin earlier and he was making a very interesting point.
QE3 will probably not happen because everyone is bailing on buying US debt.
What the heads are talking about now is Financial/Economic Repression.
What this means is that the Fed forces industry to buy the debt. How? Member banks will be forced to increase their cash reserves. This pulls money out of the economy (loans, etc.) and this is what the Federal Reserve will use to finance the debt and increase spending.
Folks, the Federal Reserve is evil. Pure and simple. It was a socialist-banking system from the beginning, and it has followed the same path of all socialist tyrannies.