We're saved - QE 3 is on the books!

[DPI]

$40,000,000,000 a month spending to purchase mortgage backed securities. In other words, the FED is creating money out of thin air to purchase debt.

I hope everyone is preparing for hyperinflation.

 

[DPI]

And it is open ended. They will continue to do this until unemployment improves. Which will be never under this administration.

 

[uncle money bags]

Yea!!!!!

 

[caojyn]

good thing I converted all my savings into rubles...

 

[jsl_pt]

I want my Obama money from his stash

 

[gsarg]

If anybody doesn't know what QE3 is, you need to google it. It's worth a google.

 

[KOPBET]

Queen Elizabeth 3 is coming?

 

[338Shooter]

Maybe mortgage rates will get even lower.

 

[Glocktogo]

 

[reddog1]

Its all kinda coming to a head at once, isn't it?