In The News Today

View the original post at jsmineset.com... August 29, 2010 03:00 PM Dear CIGAs, The newest fallacy is that the Fed has no more tools left to use. The Fed has an enormous tool box called “QE to Infinity.” Nothing restricts that creation of money out of thin air whatsoever, which in turn means Currency Induced Cost Push Inflation. That is the message of illustration 3 below. ...