I can only answer the first part. :)
They are essentially printing $600B U.S. Dollars, backed by nothing but air. This will drive down the value of the dollar and result in inflation.
I would invest in guns and butter.
I would add that inflation is a subtle form of taxation. This is a big pile of taxes that Obama is dropping on us, a day after we rejected his Big Government policies.
I am investing in Ammo, Coffee and Jack Daniels....they will be very good items to barter when the SHTF.
JMO..
Yep, I’d suggest stocking up on food and any necessities before prices go sky high.