In response to:

Operation QE-Screwed

Gerald246 Wrote: Sep 15, 2012 3:59 AM
want that bring the value of the dollor down and the price of gold up are is that like us printing conterfit money I dont think it will work Think i better think about moveing to the Phillippines hehe
The geniuses at the Federal Reserve have concocted a bold new plan to revive the U.S. economy -- print a bunch of money, loan it to Americans at super low interest rates so they can speculate on rising real estate prices, extract the appreciated equity and spend it on consumer goods.

In other words, build an economy of real estate, by real estate, and for real estate. The only problem is we've been there and done that. The last time it almost destroyed the U.S. economy. I guess almost isn't quite good enough for the Fed, so now it's determined to finish...