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To: lurk
Geithner said a few days ago that they were coming to the end of the current $600,000,000,000 lump of printing paper money in early June.

I think that the drop in commodity prices (Including oil) is a clear indication that there will not be a QE3.

Without QE3 the White House and Congress will have to address the deficit very soon. The Treasury will not be able to find buyers for all of the bonds they are issuing as well as another $600 billion.

54 posted on 05/05/2011 11:49:15 AM PDT by NRG1973
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To: NRG1973

I think in the end there will be a QE3 this summer, when the debt ceiling is raised.


60 posted on 05/05/2011 12:11:34 PM PDT by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
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