In response to:

No Way Out

erniel58 Wrote: Dec 15, 2012 6:46 PM
Fed to DOUBLE their money printing. Buy Canadian and Australian ETFs, NOT Euros! Get out of the dollar now! Don't say I didn't warn you.

By upping the ante once again in its gamble to revive the lethargic economy through monetary action, the Federal Reserve's Open Market Committee is now compelling the rest of us to buy into a game that we may not be able to afford.  At his press conference this week, Fed Chairman Bernanke explained how the easiest policy stance in Fed history has just gotten that much easier.  First it gave us zero interest rates, then QEs I and II, Operation Twist, and finally "unlimited" QE3. 

Now that those moves have failed to deliver economic health, the Fed has doubled the size...