There is no way out for the Fed (and the World) Marc Faber says QE could go to $1 trillion/month

From the very beginning people have asked how the Fed would ever exit its Quantitative Easing program. Every time the Fed has indicated that it would stop its extraordinary measures the markets dip. Look at this chart.

SP QE cc

There appears to be nothing under this market but freshly printed hundred dollar bills, cotton candy, and unicorn wishes. Throw in a good bit of marginally positive animal spirits too.

Faber says that the Fed will not taper its efforts but will instead be forced to print even higher amounts than the $85 billion (who knows) in funny money it is currently pouring into the world economy every month.

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