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#3077102 - 12/13/12 08:20 AM Feds to print $85B per Month - QE4-Ever
Crappie Luck Moderator

Registered: 01/29/03
Posts: 59407
Loc: Smith Co.

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.
No matter how big your house is, how big your bank account is or how big your car is, you grave will be the same size as everyone else's.

- Keep it real

#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: 6058
Loc: Dyersburg, TN

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!
Come visit Mississippi Flyway Waterfowlers "Where Kids Talk Fowl" @

#3077137 - 12/13/12 08:49 AM Re: Feds to print $85B per Month - QE4-Ever [Re: Dodge Man]
TnDeer Old Timer
12 Point

Registered: 03/16/99
Posts: 5109
Loc: East Tennessee USA

With the world awash in dollars inflation is absolutely inevitable...
Good night Chesty, wherever you are!

Tolerance is a virtue of those who believe in nothing.

Deo Vindice

#3077200 - 12/13/12 09:47 AM Re: Feds to print $85B per Month - QE4-Ever [Re: Rebel]
16 Point

Registered: 02/06/06
Posts: 10081
Loc: Middle TN

He owes zerO big-time; this is the payback.
Rules are for people who lose fights.

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