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#3077102 - 12/13/12 08:20 AM Feds to print $85B per Month - QE4-Ever
Crappie Luck Moderator
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Registered: 01/29/03
Posts: 55953
Loc: Smith Co.

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Ben Bernanke continues to make history at the Federal Reserve. On Wednesday, the FOMC announced more quantitative easing at a rate of $85 billion a month for an extended period of time. The Bernanke Fed has also modified its guidance, noting its ultra-accommodative stance will remain in place until the unemployment rate falls below 6.5% and inflation projections remain no more than half a percentage point above 2% two years out.

QE4 is here. Only a few months after announcing what had been dubbed QE3, an open-ended $40 billion a month program to buy up mortgage backed securities (MBS), the FOMC decided to extend its asset purchases in 2013 as Operation Twist expires.

http://www.forbes.com/sites/afontevecchi...alls-below-6-5/
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#3077110 - 12/13/12 08:26 AM Re: Feds to print $85B per Month - QE4-Ever [Re: Crappie Luck]
Dodge Man
12 Point


Registered: 10/15/03
Posts: 5580
Loc: Dyersburg, TN

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In other words the country was not circling the toilet fast enough for them so they decided to give it an extra flush to help it go down quicker!
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#3077137 - 12/13/12 08:49 AM Re: Feds to print $85B per Month - QE4-Ever [Re: Dodge Man]
Rebel
TnDeer Old Timer
10 Point


Registered: 03/16/99
Posts: 4479
Loc: East Tennessee USA

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With the world awash in dollars inflation is absolutely inevitable...
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#3077200 - 12/13/12 09:47 AM Re: Feds to print $85B per Month - QE4-Ever [Re: Rebel]
BMan
14 Point


Registered: 02/06/06
Posts: 8908
Loc: Middle TN

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He owes zerO big-time; this is the payback.
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