About the author: Michelle Zook

A native Texan currently living it up in Utah, Michelle served five years in the Air Force as an Air Battle Manager, attaining the rank of captain. These days, she's pursuing a MA Public Policy at Liberty University, learning the ropes as a military spouse, chasing two little ones around, staying caught up on the news, and trying not to meddle in her husband's career. She's a firm believer in states' rights, the Second Amendment and individual liberties.

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  • brs02

    I believe it is $40B a month for an unlimited period of time.

    • capitalust

      Yup. After 12 months that will be $480B – another half trillion – then the next 12 months ANOTHER half trillion – a trillion here, a trillion there, pretty soon you are talking serious money. A trillion U.S. dollars, stacked flat, will go from the Earth to the Moon FIVE times (the stack will be 1.25 million miles high). That’s a lot of dollars. Get a copy of “When Money Dies” (about the German govt. causing hyperinflation after WW1 – leading DIRECTLY to Hitler’s rise – and by PRINTING TONS OF UNBACKED MONEY). Then be afraid. BE VERY AFRAID.

      • brs02

        We don’t even really “print” it anymore. Where would you store it?

  • http://pulse.yahoo.com/_JKLLPVKKSWYRHLZH3LDQMZRW6A dean

    Have Bernanke and the rest of the Federal Reserve minions gone completely beserk? They admit the previous stimulus packages have not worked so they will try it again. IDIOTS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • capitalust

      Insanity: trying the same thing over and over again and expecting a different outcome this time…

    • nik

      At this point, with their pointy heads, even they know that this will not work and is counter productive. They are keeping themselves in power long enough to amass a fortune and then move to Switzerland. At a certain point there is no difference between incompetence and evil. I think that they have now bought the dark side and will be rats fleeing the sinking ship sometime in Obama’s second term.

  • Sutekh

    Obama’s entire plan is to destroy the country from the inside, and have it end up like Zimbabwe.

  • capitalust

    Google for “spot gold” – see what’s been happening since about 2 minutes after the fed announced they were putting the printing presses on HIGH again. The economy was hurt but not yet fatally by QE1 and QE2 (gold has gone from 800/oz to 1775/oz from those), but many suspect QE3 will be the trigger for hyperinflation (gold 5000/oz by end of 2013? Maybe 10,000?). The U.S. is in its death throes. Try to get away. Now.

    • nik

      Already planning on dropping off the grid. If Obama gets elected it is a done deal. Read the prophesies of Paramhansa Yogananda in a book called the The Road Ahead published back in the 70s Now even the unenlightened can see the darkness coming.

  • jimbo999

    All you people with secure retirements, 1500 dollars a month pensions, 1200 dollars a month Social Security, 300,000 dollars in a 401k, and a part time job that pays you a couple hundred dollars a month, just wait a couple of years to see a sandwich costing 100,000 dollars. That’s what will happen here if we keep printing money and giving it away. That’s what is happening in some other countries now.

    There was a story from Zimbabwe of a man wheeling a wheelbarrow full of cash to the store to buy some bread. Someone attacked him, dumped the cash and stole the wheelbarrow.

  • nik

    Didn’t read the whole article, just have this observation. The Fed went astray when they were charged with keeping unemployment down. Their true mission was to keep a strong currency. Their buying of treasuries is undermining our currency and is on such a scale now as to lead to collapse.
    They were charged with keeping unemployment down, an impossiblity for a central planner as jobs are created organically from a mass population practicing capitalism. The central bank as a central planner can do nothing about it.
    So what is Bernake up to? Keeping himself in power by keeping Obama in power. They are going to destroy the country and my guess is Bernake will then be living in Switzerland.
    Satan stalks the USA.

  • daveveselenak

    Yes, the destruction of our currency and thus country continues AHEAD of schedule by our Muslim-Marxist usurper and his band of communist minions! The tragedy is that those with the public forum are too cowardly to say that this is what is actually happening as you know the state-run media will not expose this obvious truth! So, because of the lack of righteous anger by our conservative opposition the intended destruction of our already dead Republic is about to be final and irrepairable! The NWO-ists have succeeded with toppling, from within, the last bastion of democracy only to have been replaced with the Third World Totalitarian Oligarchy that is now in place. I’d suggest that since the sheeple haven’t got it in them to do what is necessary to defend themselves from such tyranny, instead of worrying about their worldly needs they’d better start concentrating on their heavenly rewards because they are about to encounter such misery and woe in this country that they will have deserved!

  • http://www.survivingurbancrisis.com/ Silas Longshot

    Based on 2005 figures, this is diluting the world wide US dollar cash in circulation by about 6% per month. Welcome to inflation on hyperdrive.

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