Get ready for quantitative easing 3 (QE3)
The Obama regime and Ben Bernanke wants to artificially inflate the stock market again, and obliterate the dollar even more. QE1 and QE2 have done absolutely nothing other than to depreciate the dollar and artificially inflate the stock markets. Looks like it’s time to get ready for QE3! If it’s already failed twice, lets try the same sh*t again! According to the Wall Street Journal, the FED Minutes from June 21-22 show that policy makers are warming up to the idea of QE3.
“A few members noted that, depending on how economic conditions evolve, the committee might have to consider providing additional monetary stimulus, especially if economic growth remained too slow to meaningfully reduce the unemployment rate in the medium run,” the minutes say.
