QE 1 ran from late November 2008, all the way up through the end of March 2010.The Fed created about $1.3 trillion out of thin air with that move, and the dollar was weakened by as much as 21%.
But this wasn't good enough.So, in November 2010, they rolled out QE2, which ran all the way up through the end of June 2011, flushing another $600 billion through the system.The dollar bottomed out 10% lower during this run.
Then came the $400 billion Operation Twist in October 2011, which carried well into 2012.
Now, during this stage of the Currency War, the Fed has also printed an additional $1.9 trillion, a 24% increase to our money supply.So that's about $4 trillion of our funny money that's flooded the global markets and weakened our dollar by as much as 27%.
That means this currency war caused average Americans to become victims from the Fed covertly eradicating over a quarter of the value of their life savings and investments.
Ben Bernanke's dollar weakening policies could be more dangerous to our economy and the National Security of the United States, than Al Qaeda. So some one called him a traitor.
QE1&2没有提振美国经济:US GDP expanded at a 1.7% annual rate now;QE1&2没有增加就业:The jobless rate rose to 8.3% and the actual jobless rate is nearly 23%;QE1&2 只干了这个:通过无中生有地创造电子货币,提高股市和商品价格,降低利率,打压美元。美元可是美国的命根子,难怪有人称大BEN的弱化美元政策比基地组织的危害还大,称大BEN为叛国者。还有人联名要求国会对联储进行审记,因为联储成立近100年间从未接受过审记。更不可思议的是,执行央行职能的联储却是个私人部门,难怪有人敢号召解散联储。在这种情况下,大BEN你还敢玩QE3?作者: CoolMax 时间: 2012-8-30 20:51