Will the bernanke give us QE3 tomorrow?

[Large Sarge]

2:15 EST Thurs Aft.

What does everyone think?

[Large Sarge]

I say no QE3 for tomorrow, more pain is what the Bernanke really enjoys, beg for the higher food and fuel prices

[Neuro]

Over the last 3-4 years the Bernanke has printed more than $20 trillion ($16 trillions as a gift to the banks that caused the bust, $3-4 trillion in central bank swaps, and about $2 trillion in open QE1&2). In effect whether he introduces QE3 or not, doesn't matter one bit in real terms, cause he can and showed that he will conjure up any amount he pleases. The QE's done to the present, I think is merely to create the illusion that the Fed isn't QE'ing so much. If he didn't do it even the not so smart would suspect that he did create more money in secrecy. So the announced QE's are just a smokescreen/window dressing to cover up the real crimes committed in the back rooms!

Fuck Ben Shalom Bernanke!

[iOWNme]

It wont be called 'QE3'.....It will be called something like 'Continued Monetary advancement'......LOL

[VX1]

I think this poll's over... Neuro nailed it. If they announce a $500,000,000 QE3, it's only because they need to create $500,000,000,000,000 behind the scenes; total smokescreen. If they don't need that much, they can announce nothing and just keep giving negative interest rate payments to their banks.

[Sparky]

I'm on board with Neuro too. Bottom line is that they will continue to do QE while trying to maintain the illusion that they're not doing QE. So there will be no QE "announcement" coming out of this meeting, just some smokescreen words that indicate that they're "ready to take appropriate action at such time as conditions warrant". Blah Blah Blah.

[DMac]

I'm of the opinion they never stopped QE since QE1! They just call it TWIST etc as Neuro's basic figures illustrate. I've read anywhere from 16 trillion to 29 trillion since the 2008 crash.


Madness. Damned if they do, damned if they don't.

[Sparky]

As an aside, I tend not to hold Bernanke personally responsible for this nonsense, so I don't really direct angst toward him. Someone else is actually pulling the strings, and he's just executing. His job is to appear competent and trustworthy, which he is able to pull off in spite of the dire circumstances. He's an excellent choice of puppet.

[mamboni]

QE never stopped and never will stop. $29 trillions of new dollars created are the ones we know about. We have no idea how many $trillions are being created as this FED works clandestinely with the Wall Street banking cartel to suppress gold and silver by backstopping the shorts, props up the stock markets, and furtively bids up bonds through third parties.

[Libertytree]

I heard an interesting comment on one of the radio financial shows, about the reason the stock market is doing so well is in the anticipation of the fed gearing up for QE3. I had to chuckle but in this insane world who knows?

[chad]

I heard an interesting comment on one of the radio financial shows, about the reason the stock market is doing so well is in the anticipation of the fed gearing up for QE3. I had to chuckle but in this insane world who knows?

qe isn't working as intended anymore. it used to be used to game the stock market. now, even anticipation of it is gaming all markets, oil, pms, etc. it is breaking loose.

[Neuro]

Sure he is not the one pulling the strings, but he is complicit and a first rate liar...

[mamboni]

I heard an interesting comment on one of the radio financial shows, about the reason the stock market is doing so well is in the anticipation of the fed gearing up for QE3. I had to chuckle but in this insane world who knows?

In the last few months all of the world's stock markets are correlated highly. This is both unprecedented and pathological. The markets are broken. They do not reflect the underlying fiundamentals of the real world economines. They are driven by expectation of central bank liquidity injections, monetary morphine as it were. The entire financial system is a charade and a fraud. But there of victims of the inexorable currency debasements. The people are being systematically pauperized and reduced to debt slavery and poverty. It is the greatest swindle in world history. Never before have so many been robbed of so much by so few and so corrupt.