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To: RugerMini14
... "40% over the next twenty years? I wish. Try 40% over the next year or two...."

.... I was actually referring to the wording in the Q.E. plan that I heard on a financial planning show a few weeks ago. The hosts stated something to the fact that the QE was written up and planned in such a way that the value of the dollar would be devalued over the next few decades to compensate for the excessive printing of money. However the devaluation would not begin until a certain set time which I think they said either 2014 or 2016. Since they are now talking about another QE the devaluation would probably be deferred until that one ends which is of course dependent on the strength and stability of the economy at that time.

What I am saying is that it is a planned and timed event that will be dependent upon the stabilization of the economy (whenever that will be). The more QE's there are the larger the amount of devaluation. My guess is that they will keep on mounting more QE's until King Obama is no longer our King. This will create the illusion that everything was just fine and functioning well until the next leader of the country takes over.

92 posted on 10/27/2013 6:20:59 PM PDT by R_Kangel ( "A Nation of Sheep ..... Will Beget ..... a Nation Ruled by Wolves.")
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To: R_Kangel

“My guess is that they will keep on mounting more QE’s until King Obama is no longer our King. This will create the illusion that everything was just fine and functioning well until the next leader of the country takes over. “

Unless of coarse the next leader is Queen Hillary. Then what to do, what to do. I like your tag line but I think we have passed that point already.


94 posted on 10/27/2013 6:37:04 PM PDT by Lurkina.n.Learnin (If global warming exists I hope it is strong enough to reverse the Big Government snowball)
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