November 5, 2010 SouthAmerica: Yesterday I posted the following information on various web sites including Brazzil magazine and so on... The Federal Reserve it is not just standing around, and Ben Bernanke is taking action and he came out with a new economic and financial model to help boost the US financial markets, and they even gave a cute little name for it "quantitative easing" and the Fed is already on QE2, which...will be followed by QE3, QE4, QE5, QE6, and so on â you can read about the roots behind this concept and new strategy, and see how well this new economic and financial model works at: http://en.wikipedia.org/wiki/Zimbabwean_dollar ***** Today Wall Street showed how much they like QE2 and the Dow Jones went up over 220 points. And Wall Street is going to love even more when the Fed is at QE-25 and the Dow Jones will be up by 600,000 points on that day. Here is an actual example of how this strategy works in practice: "Quantitative Easing" â QE #1: At the time of its introduction in 1980, the Zimbabwean dollar was worth more than the U.S. dollar, with ZWD 1 = USD 1.47. *** "Quantitative Easing" â QE #25: The Zimbabwe dollar was again devalued on 6 September 2007, this time by 92%, to give an official exchange rate of ZW$30,000 to US$1, although the black market exchange rate was estimated to be ZW$600,000 to US$1. ***** When a country does not have a real economy anymore, then you have to resort to some kind of gimmick, and Ben Bernanke is doing his creative job at the Federal Reserve by dreaming up an aggressive "quantitative easing" QE2 (translation printing money or to be more exact just a bookkeeping entry) to give the impression that something has been created from nothing â a real world of illusion and nothing else. This is the only game left in town, and as usual Wall Street will milk this baby dry â some analysts are saying that Ben Bernanke is running out of ideas, but I don't agree with that assessment, since Ben Bernanke has real smart people available to him 24/7...for him to get new ideas for new scams â basically Ben Bernanke can arrange to get together with Bernie Maddoff at any time he wants to meet and to cook out some new ideas for scams - It is my understanding that Bernie Maddoff has a lot of free time these days, and he is available to give advice and new ideas to Ben Bernanke at any time. In a Nutshell: The US economy had a complete meltdown and collapsed in 2008, and since that time the US economy has been on intensive care, the patient still is in a coma, and have been kept alive by massive US government intervention, by major Wall Street bailouts, by fudging the books with accounting shenanigans, and the new economic recovery is based on a lot of wishful thinking, and also on the economy that does not exist anymore including all the pieces of Wall Street that went out of business, the thousands of auto dealerships and automobile plants that closed down - and the Republicans are expecting that all these businesses that are gone are going to start hiring people again to help with the economic recovery here in the United States. .