Yep they cetainly will do anything and in the process destroy the entire western financial system as we know it.
Print to infinity?? Hyperinflation?
All just to prevent deflation? Seems pretty stupid to me.
The next bubble to burst will take down everyone. Even China will lose as they hold mass amounts of treasury bills.
The Fed needs to get out of they way and let the markets work it out.
The strong will survive and the weak will go bust. This needs to happen.
Though bernanke will make sure it will never happen because the bankers have too much to lose.
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