Seeing pictures of bungling Ben makes me nauseas. Anyone else notice that the 30 year bond has shot up today to 3.28% It was 2.6% what seems a few weeks ago. The unraveling is starting to begin.
And holding interest rates down is one of Ben's major stated reasons for this latest round of printing fiat currency.
Of course we know his entire rationale is bogus but as you said, "The unraveling is starting". Just a whole heck of a lot sooner than he/they planned.
This QE was supposed to get him and Obama past election day but it might backfire on them.
We are doomed either way.