all these years later, quantitative easing continues. they are still doing it. on wall street, they joke about how it is going to go on forever. they call it qe infinity, it's an incredibly reckless policy and everyone knows it. very much very much puts people getting rich from it. for the better part of a year, fed officials have been promising are going to stop doing this. they have sworn they will get sober. they have vowed to begin a process called tapering. that means they will start to gradually slow the money they print. at a fed meeting in april, officials said they would start to do is very soon, they would taper, but they never did. they made the same promise throughout the summer, but again, they didn't. the binge continued. this morning, the vice chairman of the fed once again insisted tapering is almost here, we are about to do it. the conditions to begin detox he said have all but been met. and yet, as of tonight, the fed is still partying with your currency like this is the richest country in the world and always will be.
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