QE2 is ending in June. But globally, QE3 has already begun. As usual, Japan is the pacesetter. As temperatures rose at its Fukushima reactor so did Japan’s monetary base, at the rate of 100% per week! What happens to all this new, hot money? No one knows, exactly.
Source: http://blogs.forbes.com/greatspeculations/2011/04/30/spend-it-like-you-stole-it-from-the-fed/
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