RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Wo QE does not print money. NO NET NEW FINANCIAL ASSETS ARE ADDED. QE is totally misrepresented by goldbugs and quasi-economists (aka financial bloggers). The Fed always uses QE all the time - it is the way that interest rates are adjusted. What is called QE differs only from normal Fed interaction in that it is "permanent" resulting in an increase in the Fed balance sheet.
If this Is the case, Then QE goal is to mop up the derivative market, So In all honesty , a bailout of the to big to fail, to big to jail. QE is to keep banks solvent, nothing to do with the poor working stiff looking for a job. QE can be removed when banks can stand alone again, Then get poor working stiff a job, Tax the living hell out of him and his grandchildren, for many years to come?
The feds goal is to import inflation? Inflation is taxable, Its all a very dangerous game. Until normal people wakeup and smell the coffee, believe we will just see more of the same, Since Paul Volcker there has not been a fed president who does not deserve a trip to the gallows