The New CS Board

[ahimsak]

Hard to say what comes next, but I would prefer to be short for now.

BTW, QE can prevent a depression, but it will not help the real economy very much, and some politicians, want the economy to do terrible for their benefit, and so they will block the only chance we really have, more govt spending, to get the economy back.

All the fed is doing is putting more and more money into rich peoples hands, at the expense of the middle class later. It is helping prevent deflation for now.