Oh Oh, reading the paper and listening to the news ( CNN ) and picked up the bit that the Federal Reserve just authorized the printing of 600 billion into the banking system. Hell deficits are one thing but this wholesale printing of money is going to 1. devalue the currency 2. increase inflation pressure 3, not help our balance of payments or trade imbalance.

OK ....................... am I missing something? This appears to be a ........... not sure but it is going to help banks and I do not see it helping the country as a whole.