re: Federal Reserve announcement today - QE incoming

quote:

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QE

quote:
aimed at stabilizing markets


I'm going to need a road map on how printing more money in an inflationary period (one in which the Fed has yet to be able to regain control of) will stabilize markets.

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The Fed doesn't have any way to truly stop the eventual collapse of the USD due to the cataclysmic $39 trillion debt spiral. The Fed may be easing rates to lessen the debt service (currently $1.3 trillion annually) on the $39 trillion debt?

The only hope, and it's a scant hope, is the US Congress passing a balanced budget amendment and a reworking of the Fed's monetary policy/mission.

I honestly think a panel of competent economists and banking gurus could formulate a sensible and fair interest rate policy that would establish key interest rates for commercial and personal loans. Once the interest rate uncertainty is gone, then anyone who is wanting a loan knows exactly what the cost of borrowing money is going to be