Federal Reserve Board - My Notes . . .
This week Dr. Ben said it want to stop quantitative easing. Just to confuse us, they also said that it wouldn't begin to taper off by easing until certain conditions are met. Of course, those "conditions" were not even mentioned.
The price of quantitative easing will never be measured. The cost for future generations will be unbelievable in today's terms.
The Bond Market has already taken a major HIT, and that is not over. Guess what? Mortgage rates are already back to the January 2012 level. Of course that is the Bank Manipulation to screw new home owners and refinancing of present mortgages.