Jim Willie's latest............From Silver Doctors
''The recent decision by the US Federal Reserve to contaminate the
financial body until it responds favorably was the last straw in my
book. Witness a declaration of permanent QE and hyper monetary
inflation of the most virulent strain, unsterilized. The USFed is
essentially admitting failure. The signal serves as the loudest
death knell for the USDollar among many in a sequence. On a similar
parallel note, lighter and more humorous, one might be reminded of the
pirate swash buckling style of yelling at the swabbies that the beatings
will continue until morale improves. The QE bond monetization of USGovt
debt has turned viral and entrenched. It is sold as stimulus, when in
fact it acts like a giant wet blanket on the USEconomy.''
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