Letter Re: Thoughts on Upcoming Quantitative Easing
Mister Rawles: As many of the SurvivalBlog readers and individuals who are on the inflation/deflation watch have noticed over the weekend is the rumor that the Federal Reserve will begin what is commonly referred to at this point as Quantitative Easing, Round 2 (or “QE2”) , Fed Will Boost Balance Sheet by $500 Billion . Why is this important for the average American? The opening of the novel “Patriots” lays out a scenario where the Federal Reserve begins to buy U.S. Treasury debt which spirals out of control leading to the implosion of the government. There should be warning lights …