On the Fed front, fears have spread following a Wall Street Journal report that the U.S. central bank won't be as free-spending in its bond-buying as Wall Street had hoped. If the Fed surprises the worriers with a huge program—say, more than $500 billion—then Wall Street could be cheered. Otherwise, it may not applaud much for what it likes to call QE2, by which it means a second installment of "quantitative easing," or central-bank efforts to pump money into the economy.
How to explain the problems with that paradigm...
OK lets have the Federal Reserves Central bank just buy up all
$12 trillion of USA Debt.
Debt problem FIXED...
uMMM NOT you see the problem.
Smoke and Mirrors.
Series 7 & 3