3 reasons why Fed may not taper until 2014

shocking.... absolutely shocking..

3 reasons why Fed may not taper until 2014

First they say 'September"

When September comes, Bernake play a good old switch-er-roo on Wall street and says "fooled you".  He does not taper.

In reality, he will never taper, because as soon as he does, the US Government starts to default.  If you didn't read my previous post on why, how dare you.   But as a reminder.

At what rate would an average investor loan money to the US Government?

17 trillion in debt x 6% interest rate = 1 trillion dollars in interest (gov income only 2.5 trillion, spends 3.4 trillion)

To keep interest rates low, they print money
17 trillion x 2% interest rate = 140 billion in interest.

Lets not even talk about actually paying their debt down....