Quote from ammo:
its been distributed to the banks,..... they are underwater with the mortgage mess,..... they are keeping the cash as there own personal loan,..... not pushing it out into the economy,....with the tarp they bought equities....,made a profit and gave money back to the fed,.....so they say,....it went into wall streets pocket....,another round of qe will likely net the same result, ....doesnt do squat for the economy,without lending ,no growth, the only jobs emerging are cheap labor in up and coming countries,....unless benny opens a direct line from the fed to the economy ,circumventing the banks, brokerage houses,qe will not help...it's like giving money to the mob to oversee the banking system
"...The threat of Debt debt deleveraging deflation has INFLATIONARY consequences because the governments will not ALLOW for actual Price DEFLATION because it would INCREASE the real value of government debt therefore increases the risk of governments going bankrupt as the debt interest rises, when the real intention is to INFLATE the real value of debt away. INFLATION is also one of the governments most important stealth taxes on the people whilst DEFLATION acts as a subsidy TO the people i.e. their standard of living INCREASES during DELFATION as prices fall whilst inflation gives the illusion of increasing standard of living as workers are stealthily forced to work harder for less real pay despite increasing productivity..." N. W.