The die is cast.  Ben Bernanke has announced that monetary stimulation will be again be implemented to restart the still-stalled US economy.  This is akin to the continued use of steroids to cure a disease. Over time, the use of steroids will lead to ill effects and the excessive use of such will lead to even worse effects.

Further monetary stimulation will push the US economy in dangerous directions. QE1 didn't restart the economy. Neither did QE2 and neither will more credit and bond purchases. Doing so when demand is collapsing will not increase growth. What will happen is inflationary forces will be set in motion that cannot be controlled.

 Inflation is now being exported overseas by the Fed's low rates where it is raising the cost of goods  to be sold back to the US. Thus, inflation will return to America in the form of higher costs for  goods and for food and fuel as other countries will be competing for them also.

Central bankers are playing with fire. Get ready. The house is about to burn done.

Good luck,

Darryl Robert Schoon

www.survivethecrisis.com

www.drschoon.com