why further qe is unlikely, page-6

They keep using this threat of implementing QE3 over and over again. Benny must think we are all stupid.

To go ahead with QE3 now would contradict the efforts that were made by Obama to reduce the deficit such as:

(i) Limit the US involvement in the Libyan war.
(ii) Indicate to the Europeans that they want to reduce their NATO expenditure.
(iii) Obama was talking of merging some departments to save money.
(iv) Defense spending to be cut by $50bil/year over the next 10 years.

Why do all of this and then do QE3?