Message:

<p>[QUOTE=&quot;InfleXion, post: 1411762, member: 29012&quot;]Bernanke recently said that they are ready to do QE3 if the economy needs it. It&#039;s open ended. Operation Twist isn&#039;t over until June so I don&#039;t see it happening before then, and my guess is that they will allow markets to correct enough for people to be begging for QE3 before it actually happens. However, it must happen at some point unless they are willing to default on the exponential debt growth, since leadership has been unwilling or unable to curb spending even with a 10 year timeline. The best they could do was go less deep into the red, but it always remains a possibility that fiscal responsibility will rear its head and the debt will be paid off. The difficulty with compounding interest is the longer you wait, the more debt piled upon debt you have to pay and the more difficult it is to get your head above water. My guess is that the economy will hang in there until after the election, because QE3 before then doesn&#039;t look good, but nobody outside the circle knows for sure. QE3 will raise prices of all assets and equities because that&#039;s what money printing does, and this one will need to be big to be effective.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in