Quantitative Easing

Global Assured Destruction, Or How Bernanke Now Holds The Entire World Hostage

Zero Hedge,

21 May, 2013

The one headline we have been waiting for for over four years has just hit:

BOK KIM SAYS WORLD MAY FACE RATE RISK IF U.S. EXITS FROM QE

Not when, if. 

And there you have it: if the Fed exits, the world (and most certainly Japan) gets it. 

Thus, for the sake of the children (who will have inhert about $100 trillion in debt but don't worry: debt is an asset as some "analysts" will promise) Bernanke can never exit. QE...D

And since never is a litte longer than 2016/2017, at some point in the next few years Bernanke will be the proud owner of all marketable Treasury paper. 

All of it.