Bernanke Torching the U.S. Economic Recovery with Quantitative Easing

Economics / Quantitative Easing
Nov 01, 2010 - 03:29 AM

By: Paul_Lamont

Investors Burned by Bernanke’s QE Demonstrations
While Chairman Bernanke has his theory on quantitative easing, we suspect QE will turn out more like this Turkish firefighter demonstrating fire safety (no one was hurt in this video). http://www.youtube.com/watch?v=wrsdrtEcHfs Instead of limiting losses to those that took risks, Bernanke’s first round of bailouts in 2008-9 spread the fire to all American taxpayers. Ben’s next demonstration of quantitative easing is likely to create uncertainty and chaos by torching the credit markets.

As the Wall Street Journal reports, “Bond investors are buying almost anything the market throws at them.â€