Forget the Taper: QE Can Never End !

• QE is not about helping Main Street. It is about helping the banks. It is about buying toxic worthless MBS derivative crap from the banksters to keep them afloat. It is about delaying the inevitable collapse of the current world order, world financial system and setting the stage for the coming Luciferian New World Order, New Financial/Monetary System.
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• Forget the taper – QE can never end ! 
  by Bengt Saelensminde, http://moneyweek.com/ 
  Back in January, I predicted that a ‘taper’ – or a reduction in money printing by the Fed – would be one of the four lies you’d be told in 2013. I said not to believe central bankers who said they’d stop printing. And that’s exactly what’s happened. Having talked about ‘tapering’ quantitative easing (QE) in recent months, the Fed announced this week that it planned to keep going full steam ahead.
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  Because the story is so important for your long-term wealth, I find myself coming back to it time and time again. In fact, central bank manipulation of the markets is the story of the decade.
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  And there’s a dirty, little secret at the heart of the QE programme. The powers that be would really rather you didn’t know about it. Today I’ll explain what it is, and why it made me so confident we wouldn’t see a tapering announcement this week…
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  The Fed is stuck in a loop
  The mainstream media lapped up the story that the Fed would slow down its bond purchases. But had these guys read the Fed statements with an open mind, they’d have seen that shutting down the bond-buying programme was always going to depend on economic indicators improving and then staying improved.
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  As it turns out, the economic figures haven’t been convincing enough. And here’s the choker: the very reason the global economy isn’t convincingly in recovery is because of the taper talk.
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  How about that! The very act of ‘guiding’ markets with the idea that the economy may be strong enough to consider easing off bond purchases has screwed the economy over, thereby making sure there’s no taper. In fact, the board voted nine to one in favour of no taper. How could the media have got this so wrong?
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  But there’s another twist to the story – and it’s what really convinced me that tapering wouldn’t happen.
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  The dirty secret
  In Wednesday’s address, Ben Bernanke hinted that there’s trouble brewing in the US government’s finances. He’s talking about one of the other big stories to reappear this year. I’m sure you’ve heard all about it before – the debt ceiling. Unlike in the UK, where the government can borrow as much as it likes, in the US there’s an absolute limit on what the government can spend. That limit – the debt ceiling – has to be raised by Congress if the US government wants to keep borrowing and spending.
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  Now, historically, the guys on Capitol Hill have always agreed to just keep increasing what is effectively the government’s credit card limit. But in the post-financial crisis world, the borrowing figures have just gone bananas. Now, thanks to the debt ceiling, Obama is finding it extremely difficult to ram through his budget programme.
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