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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (120553)	9/13/2012 2:31:33 PM
From: RetiredNow	Read Replies (2) \| Respond to of 149317

FYI. Money velocity is PLUMMETING. Uh oh. I think you need to cogitate on this fact. Why on earth would Bernanke's unlimited monetary emissions have any impact on the real economy at all in the face of an overwhelming money velocity implosion like this? It's like pissing into a tsunami and hoping you can turn it back. Good luck with that. The Fed is outgunned and they are out of bullets.The fact that the Fed announced an open-ended, ad infinity QE should tell you all you need to know. We are in the final death throws of currency debasement. The crash and consequences are coming.