Qe3!!!!!!!!!!!!!!!!!!

**powerliftmike** · 09-13-2012, 07:30 PM

Quantitative Easing part 3 lauched today. Additional $40 BILLION per month in mortgage backed security (MBS) purchases by the fed. Keeping fed funds at like zero % until 2015. Big ****ing Ben Bernanke!!!

SUPER MARIO with the ECB coming in to save Europe as well!!??

underweight bonds, overweight equity and commodities??

**JD250** · 09-13-2012, 08:14 PM

Even more bad debt that will require correction sooner or later and last for 3 generations.....fvcking brilliant!!!!!

**gixxerboy1** · 09-13-2012, 08:16 PM

But the dow closed at its highest in 5 years

**powerliftmike** · 09-13-2012, 08:38 PM

Originally Posted by gixxerboy1

But the dow closed at its highest in 5 years

Adding to the "wealth effect"

**johnnylucifer** · 09-13-2012, 08:43 PM

National debt goes up. Deficit increases. Inflation increases. Wider space between rich and poor.

I guess these are good things now as that is all this is going to accomplish.

Japan took similar actions in the 80's/90's and now their stock market is down some 70% from 20 years ago.