Predict the Fed

[DanielSong39]

"A Lost Generation" will probably be the rough equivalent to seeing a cancer patient die a slow and painful death. Not unlike what happened to the Roman Empire.

It's the proverbial "death by a thousand cuts".

[DixieFlyer]

Originally Posted by Interesting Post

Haha, poor Romney.

that'll teach Romney, or any other candidate, to say that he'll replace the head of the private federal reserve...Chairsatan Bernanke wants to keep his job, and for that to happen o'bama will need to be reelected...hence QE3...so much for the notion that the private federal reserve stays out of politics

[DixieFlyer]

Originally Posted by Dismal Science

Why does Ben Bernanke hate people who live on fixed incomes?

because he's employed by those who benefit from near zero interest rates

[Rickson]

this is the most bullish news for metals and other real things in the history of the world.

[Jack]

Originally Posted by Mish

"Stimulus on steroids"...that's what just happened today.

I don't think so. Fiscal stimulation would be more effective but congress refuses to do this. Unemployment seems to be stuck around 8 so he was really forced into doing this. It does suck for savers like myself but unemployment is a bigger concern.

[Cannonball]

Originally Posted by Jack

It does suck for savers like myself but unemployment is a bigger concern.

It also sucks for the unemployed, who will not be helped by this stuff, just as they were not helped by QE1 and QE2.

[Zakk Wylde]

Originally Posted by Jack

It does suck for savers like myself but unemployment is a bigger concern.

Try saving in gold.