The FED announced QE in perpetuity! Food packaging can only shrink so far before the prices shoot through the roof, along with the price at the pump. The only reason for announcing QE sixty days before the election is to ensure that Obama wins and Bernanke can keep his beloved job for another 4 years. This is a complete abuse of power and there should be a criminal investigation of Bernanke and the FED, along with the Obama administration. Let the Republicans DEMAND Fedgate hearings, NOW!

SuperiorEuropean (unregistered) wrote in #2  "Erm, I hate to mention this but...Fiscal easing, like QE1 thru QE3 then QE4, etc?, does NOTHING for MainStreet where the problem is in the usa lie ......... Is the usa *REALLY* so dumb as to think it has anything to do with 'helping MainSt'? How do you think it works? Osmosis? Diffusion?  Are americans *REALLY* this misinformed by their self-appointed 'masters and betters'?"  ========  Actually, we know that the money never reaches Main Street.  That is why the Tea Party and then the Occupy people have been protesting since 2008.  At best we are ignored or co-opted by the political parties; at worst, we are beaten, pepper sprayed, and attacked with clubs and horses and rubber bullets.  We know we are just "steerage" on this leaky tub called the American economy and we know the ship hit an iceberg way back in 2008.  Some of us haven't had a job since then, but the captain likes to pretend we quit looking for work when in fact the job office just quit counting us.  Our captain and officers are too busy telling us to resume shopping to bother showing us how to survive the wreck.  I suspect they know there will be few survivors and they don't want to tell us the truth for fear we will attack the pilot house.  Those of us who are more cynical have been looking around for wood planks or hatch covers to float on, because we know the life boats, when they are finally launched, will be full of banksters and their stooges in the government.  Some of the proles in steerage actually did find something to float on, because as soon as Bernanke announced QE3, the price of gold went up $50 US in about an hour.  Silver went up at an even faster rate, percentage wise.   My gold teeth are starting to look better and better.  At the rate things are going, one of them may pay off my mortgage in a year or two.

SuperiorEuropean (unregistered) wrote in #1 Q. How does spending $40Billion a MONTH on u.s.treasuries, bought in the open bond market, 'help' the usa's economy
nobody is prepared to fix the hole causing the leak; ie. the pathetically obvious u.s. government spending!

All this will do in the usa is downgrade the usa's debt more and p**** off the Chinese/Japanese bond holders... which is a VERY bad move!
=====To start at the end and work backwards, the average "American" not give a damn about Chinese/Japanese bond-holders, as the storage vehicle of that "Bond Asset" came at the expense of the US manufacturing sector and all those "good" jobs.The Japanese/Chinese would rather buy bonds, than "equalize" trade, by purchasing American Exports.So, caring in the slightest about the Chinese/Japanese "dumping" their Bonds is the biggest joke in the world to the American worker; because all that would do is place that wealth BACK into the US economy.
You have the "Government Spending" problem in reverse.Instead of calling it "Government Spending", let's call it "Government Investment" in the Economy, like with Capital Improvements, Scientific Research; and all those other wonderful things that lead to Employment in the Public Sector.A Government Jobs is just as much a "JOB" as a private sector Job.While some people may "feel" that private sector employment is more efficient in the economy;  the "private" sector does not automatically "Grow" the economy or "create" jobs, on its own.Usually, the Government hast to "Create" them FIRST; and then through the "Consumer Spending" of these Government Wages; then the Private Sector development will be Demand Driven into expansion; with the newly available Cash floating around in the economy; they will CREATE products for that Cash to buy.  You "Government Spending is Bad" people share as much intellectual responsibility for this crisis as the Criminal Bankers at the top.You need to Increase the Deficits and Debt in a Deflationary Spiral, NOT Balance the Budget.That's the same mistake they made in the early 1930's, was trying to Balance the Budget in a Deflationary Spiral.