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Politics : President Barack Obama

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To: RetiredNow who wrote (128610)12/13/2012 1:25:41 AM
From: John Vosilla  Read Replies (1) of 149317
 
I wonder if we'll ever see a Fed exit? I'm beginning to doubt we will. More and more, I'm beginning to believe Fed QE has become a permanent part of our monetary landscape...at least until the inevitable outcome of that path arrives.

Debase into perpetuity rather than default? By the time this is all done we will be old MM. Life is short.. This reflation period could last 15-25 years before we see a son of Volker to the rescue. Or we actually have another new economy disinflationary 1990's style boom instead as the end game to fiscal sanity. I can imagine going back to the RE crash board the regulars will be keeping big Pharma quite busy<g>
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