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http://endoftheamericandream.com/archives/10-shocking-quotes-about-what-qe3-is-going-to-do-to-america
#1 Ron Paul
"It means we are weakening the dollar. We are trying to liquidate our
debt through inflation. The consequence of what the Fed is doing is a
lot more than just CPI. It has to do with malinvestment and people doing
the wrong things at the wrong time. Believe me, there is plenty of
that. The one thing that Bernanke has not achieved and it frustrates
him, I can tell—is he gets no economic growth. He doesn’t do anything
with the unemployment numbers. I think the country should have panicked
over what the Fed is saying that we have lost control and the only thing
we have left is massively creating new money out of thin air, which has
not worked before, and is not going to work this time."
#2 Peter Schiff, CEO Of Euro Pacific Capital
"This is a disastrous monetary policy; it’s kamikaze monetary policy"
#1 Ron Paul
"It means we are weakening the dollar. We are trying to liquidate our
debt through inflation. The consequence of what the Fed is doing is a
lot more than just CPI. It has to do with malinvestment and people doing
the wrong things at the wrong time. Believe me, there is plenty of
that. The one thing that Bernanke has not achieved and it frustrates
him, I can tell—is he gets no economic growth. He doesn’t do anything
with the unemployment numbers. I think the country should have panicked
over what the Fed is saying that we have lost control and the only thing
we have left is massively creating new money out of thin air, which has
not worked before, and is not going to work this time."
#2 Peter Schiff, CEO Of Euro Pacific Capital
"This is a disastrous monetary policy; it’s kamikaze monetary policy"