“Mad money printer Ben Bernanke, in addition to continuing his current $40 billion in mortgage-backed securities, is going to also purchase longer-term Treasury securities at the tune of $45 billon per month. This is very serious money printing, especially given that banks appear to be adding this money to the system rather than putting the funds in excess reserves. Prepare for strong 2013 price inflation.”
http://www.economicpolicyjournal.com/2012/12/bernanke-to-double-down-on-money.html
Related posts:
Former ECB Chief Economist: Buy Gold; Economic System is 'Pure Fiction'
Governments Worldwide Adopting FATCA Style Legislation
537 Taser-Related Deaths In The United States Since 2001
Luxury Living: Wiesmann Cars Have It All
Bill Bonner: Funny Money Is Getting Funnier
16-Year-Old Questioned by FBI Over You Tube Video
"Don't Let My Daughter Die, Governor!": Chris Christie vs. Marijuana
DOJ Creates New Position To Target “Anti-Government Views”
U.S. Special Forces Are Sent to Tackle Global Threats
Why Is JPMorgan's Gold Vault, The Largest In The World, Located Next To The New York Fed's?
Do You Take Any of These 11 Dangerous Cholesterol Drugs?
Toppling Syria planned years ago
US Arms Both Sides, Will Supply $100 Billion in Arms to Saudi Arabia, Israel
UN Condemns America on Human Rights Violations
The Three Types of Austerity