With what? We are selling treasuries with no return now. All we are selling is the notion that bonds are safe. Well, we just got downgraded brother.
Stand by
Love your tag line, BTW.
Same thing as QE2. Cyber dollars.
With the situation in the EU, there is a risk of a credit shut down (not to mention the financial reform bill). Bernanke and banking ministers see everything as a monetary policy problem, hence they will erroneously try to solve them with a a monetary fix.