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<p>[QUOTE=&quot;fretboard, post: 1729436, member: 19765&quot;]Well the biggest and most disturbing thing I heard Bernanke say was that QE will continue until unemployment reaches 7 percent, supposedly it&#039;s at 7.6 percent right now.&nbsp; After his Tues. and today speeches or diatribes the stock market took a bit of a nose dive but I don&#039;t have to tell y&#039;all anything as most of y&#039;all are up to par with the news of the day anyways.&nbsp; See below.&nbsp; I&#039;m not trying to start a gloom and doom thread or anything but what is this QE gonna lead to when inflation finally hits the fan?&nbsp; In 2016 we will get a new Prez and then what?&nbsp; Are we gonna hit another recession because the gov&#039;t has pushed QE3 forward with absolutely nothing to pay for it?&nbsp; Certainly plenty of food for thought, QE3, what an insane idea that is!!!&nbsp; All I can say is hold onto your gold and guns cause once inflation hits us all, we will be in a world of hurt!&nbsp; </p><p><br /></p><p>[h=1]Here’s everything you need to know about Bernanke’s press conference today[/h]</p><p><a href="http://www.washingtonpost.com/blogs/wonkblog/wp/2013/06/19/liveblogging-the-fomc-and-bernankes-press-conference/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.washingtonpost.com/blogs/wonkblog/wp/2013/06/19/liveblogging-the-fomc-and-bernankes-press-conference/" rel="nofollow">http://www.washingtonpost.com/blogs/wonkblog/wp/2013/06/19/liveblogging-the-fomc-and-bernankes-press-conference/</a></p><p><br /></p><p>[h=2]<a href="http://www.washingtonpost.com/blogs/wonkblog/wp/2013/06/19/liveblogging-the-fomc-and-bernankes-press-conference/#liveblog-entry-49238" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.washingtonpost.com/blogs/wonkblog/wp/2013/06/19/liveblogging-the-fomc-and-bernankes-press-conference/#liveblog-entry-49238" rel="nofollow">QE until 7% unemployment</a>[/h]Well, that’s new.</p><p>&nbsp;There hasn’t been much news in the chairman’s statement until just&nbsp; now. Bernanke said that the FOMC expects to continue buying bonds —&nbsp; holding to its quantitative easing policies — until the unemployment&nbsp; rate falls to 7 percent, which it expects will happen next year. The&nbsp; U.S. unemployment rate is currently 7.6 percent.[/QUOTE]</p><p><br /></p>

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