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QE4? The Big Wall Street Banks Are Already Complaining That QE3 Is Not Enough

QE3 has barely even started and some folks on Wall Street are already clamoring for QE4. In fact, as you will read below, one equity strategist at Morgan Stanley says that he would not be "surprised" if the Federal Reserve announced another new round of money printing by the end of the year. But this is what tends to happen when a financial system starts becoming addicted to easy money. There is always a deep hunger for another "hit" of "currency meth". Federal Reserve Chairman Ben Bernanke was probably hoping that QE3 would satisfy the wolves on Wall Street for a while. His promise to recklessly print 40 billion dollars a month and use it to buy mortgage-backed securities is being called "QEInfinity" by detractors. During QE3, nearly half a trillion dollars a year will be added to the financial system until the Fed decides that it is time to stop. This is so crazy that even former Federal Reserve officials are speaking out against it. For example, former Federal Reserve chairman Paul Volcker says that QE3 is the "most extreme easing of monetary policy" that he could ever remember.

Continue:
http://theeconomiccollapseblog.com/archives/qe4-the-big-wall...



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this is the beginning of the

this is the beginning of the end.. they are hoping to gobble up as much wealth before it all tumbles down big time. think 2008 times 50..

reedr3v's picture

I thought QE3 was to go on indefinitely;

so do the bankers and Wall Street want more billions per month indefinitely, is that the point? I'm sure Krugman will be cheerleading that strategy.
The only hope is to wake up the voters and make sure those who already don't vote know why we must develop alternative local economies and resilience while the politicians play games with BigMoney.

soon their fake 'mafia' money will be worth 'dog-shit'

.

Planet earth will become restored.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

instead of QE

give them a crystal night, maybe they will like that.

Let them poor it on,, The more and the faster the better..

When people wake up one day and realize how stupid they were for falling for this shit.. There will be nowhere on earth that these pukes can hide. No amount of money will keep them safe and secure.

Patriot Cell #345,168
I don't respond to emails or pm's.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=qo8CmO...
Those who make peaceful revolution impossible will make violent revolution, inevitable.

Sometimes I wonder

Are these people actually TRYING to destroy the US economy?

I think some of them are, yes.

The rest are just greedy glutinous miserable pigs.

Patriot Cell #345,168
I don't respond to emails or pm's.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=qo8CmO...
Those who make peaceful revolution impossible will make violent revolution, inevitable.

Ugh, I hate this

If anyone has been hesitating on their prepping, now is the time to finally get that together.

Under a situation where there

Under a situation where there was incredible demand for credit, this kind of policy might make sense. However, in a situation like today, where the banks aren't even lending the money out, how is this money going to get into the economy?

Plan for eliminating the national debt in 10-20 years:

Overview: http://rolexian.wordpress.com/2010/09/12/my-plan-for-reducin...

Specific cuts; defense spending: http://rolexian.wordpress.com/2011/01/03/more-detailed-look-a

SteveMT's picture

Why are the bankers complaining already?

Massive layoffs within the global banking system is the reason. The ones that remain will be easier to identify as corrupt with less of them around. Lamborghinis will get rarer. This is just the last few days of headlines.

Bank of America to Cut 16,000 Jobs by Year-End: Report
http://www.cnbc.com/id/49098399
More Bank Layoffs Coming: 'Bad as I've Seen It': Whitney
http://www.cnbc.com/id/49152630
Barclays to shut 3 branches in India, cut jobs: sources
http://www.moneycontrol.com/news/wire-news/barclays-to-shut-...
Royal Bank of Scotland Cuts 300 More Jobs at Investment Bank
http://www.businessweek.com/news/2012-09-24/royal-bank-of-sc...
Julius Baer to cut up to 880 jobs at Merrill Lynch unit: report
http://finance.yahoo.com/news/julius-baer-cut-880-jobs-12272...
Bank of America closing child care centers
http://www.wcnc.com/news/business/Bank-of-America-closing-ch...
Canaccord to close half its Canadian offices, reduce staff levels at remainder
http://www.montrealgazette.com/business/Canaccord+close+half...
Deutsche Bank Said to Cut 543 Jobs at Retail Business in Germany
http://www.bloomberg.com/news/2012-09-21/deutsche-bank-said-...

Great links

Thank you Steve.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

lindalsalisbury's picture

Very interesting

I didn't know this was going on. Thank you for bringing this to my attention.

bonuses?

I could live for the rest of my life on a million dollars! Are they not going to give those banks enough for their usual 3 million dollar bonuses for the CEOs?!

Things are speeding up on

Things are speeding up on that hyper-inflation slide.

Southern Agrarian

The only way to stop rhis

Both Barack Obama and Mitt Romney are devoted to the interests of the big banks so do not waste your vote vote against them. Vote for Gary Johnson.

http://hnn.us/blogs/liberty_and_power/147931.html

Keith Halderman

Wow

Bump