Children playing with stacks of worthless money in Germany
How Much Will be QE2 by Fed?
The Quantitative Easing 2 by the fed government can be US $ 30 Trillion or more.
The next set of bailouts could run $30 trillion (as I’ll explain in a bit) and that’s probably not the end of it because all the future government entitlements are well over $100 trillion. This is not only unaffordable, any attempt to make good on even a small portion of this is a fool’s errand. In addition to attempting an impossible task that is doomed to fail, we’re bailing out the wrong people!
See the above photograph. It is the picture of the children playing with the stacks of worthless money in Germany after WWI.
If the USA Won’t stop printing money, sooner or later all the dollars will be worthless because of the hyperinflation.
Right now, Zimbabwe is passing through the same phase.
Printing more money is not the solution of saving economy which is right now the US Government is doing. In November 2010, the US Government will go for QE2 which can markedly reduce the value of dollar by causing hyperinflation.
So it’s time to buy assets (Stocks, Gold, Real Estate, Businesses, Web Properties…etc..) out of your money rather than saving money in your bank accounts and Fixed deposits. This is because very soon the US Dollar is going to be worthless.
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