THE INTERNET POST

Yesterday, the Fed announced that will buy $40 billion dollars of mortgages per monthindefinitely.

Image via Max Keiser

This sounds nice … except that the experts say that quantitative easing destroys the economy and – despite the initial optics of it – hurts the little guy.

As we said in 2008:  welcome to the Fed’s Weekend at Bernie’s.

P.S. Yes … if you’re a homeowner, you will probably want to re-fi.

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