Wednesday, November 2, 2011

FOMC - New FED Outline includes MBS

Current POR is now obvious after today's events:

If we need to dump the USD at any cost because of a Euro collapse, then we will print as much money as it takes. We will call it an MBS-purchase program in order to confuse everybody.

In that way, the big banks will be happy and a "little" inflation never hurt anyone(!) Even the Republicans might be on-board once they realize the banks may otherwise all go down.

But the Fed cannot do anything until December at the earliest.

The only way out of the Euro-zone problem is to massively run printing presses all around the planet as we have said...


These facts tell us how to make money and not to lose it instead.