The Fed could lose its entire capitol base..... hmmm....Could the market try to short squeeze the FED. Run rates higher
With a new Fed Chair appointed by Obama coming in next year and Obamacare about to give the economy a real kick in the teeth could we see Super QE next year? Remember when Bush gave everyone a thousand bucks or so several years ago? I don't recall if it was taxpayers or home owners then but Obama could do the same on steroids with the Fed's help.
Depends who it is. If it's Yellen, a new QE could be in the cards. If Summers, he's being a bit vocal about how he doesn't see the benefits of QE anymore. Either way, if they just gave everyone $1000, it'd be cheaper and would hit the greater economy instead of the banks. Not that I support that, but it'd be better than the idiocy the Fed is running currently. Which is why it won't happen. The Fed exists to serve the banking cartel. It could give a shit about main street.
That's one reason Summers is a longshot. I feel that Obama has a tendency to make his appointments for people who have answered some specific questions about pushing a policy he wants implemented to the affirmative. One reason I think we get appointments with low personal moral/integrity issues, IMO.