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QE3.....They are talking about doing it again!
Posted: June 2nd, 2011, 7:15 am
by JTR
No BS they are seriously talking about printing more money.
http://www.cnbc.com/id/43233866
You think oil is high now, if they do QE3 you will be talking about the good old days of $100.00 barrel oil.
Re: QE3.....They are talking about doing it again!
Posted: June 2nd, 2011, 7:26 am
by Ty one on
I had a teenager ask me, why don't they just print more money and give everybody a million dollars?
I replied, if they did your Happy Meal would cost you about $250.00. He then understood.
Re: QE3.....They are talking about doing it again!
Posted: June 2nd, 2011, 7:32 am
by ferris1248
It's always been on the table. However, in order to get China to let the yuan value increase, they may have to agree to not do another cash injection.
Where's Seabiscuit? He always has good input on such matters.
Re: QE3.....They are talking about doing it again!
Posted: June 2nd, 2011, 7:47 am
by MudDucker
Who is surprised. This bunch is clueless or they are on a mission to drive the US to its knees. I am not a conspiracy nut, but I am beginning to believe the later more than the former!