Jim Grant Explains Why QE3 Is Coming
• ZeroHedge.comThe Fed will confront the need to bail out the innocents it had previously bailed in. Hence, QE3." And therein lies the rub. Simple, sweet, and, for the US dollar, suicidal.
The Fed will confront the need to bail out the innocents it had previously bailed in. Hence, QE3." And therein lies the rub. Simple, sweet, and, for the US dollar, suicidal.

There won't be anymore quantitative easing. Next,it will be protecting your pensions with taxpayer backed IOUs. "So long, and thanks for all the fish."