In response to:

Operation QE-Screwed

Jeff2214 Wrote: Sep 15, 2012 11:57 AM
Gas was 25 cents in 1974.
Big_D_ Wrote: Sep 15, 2012 10:04 PM
Gas was 11 cents in 1968 (Grand River Ave., Detroit, Michigan)
Big_D_ Wrote: Sep 15, 2012 10:04 PM
Gas was 11 cents in 1968 (Grand River Ave., Detroit, Michigan)
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...