Author

Topic: Bernanke to embark on another round of quantitative easing? (Read 2049 times)

legendary
Activity: 2408
Merit: 1121
Just wanted to post this here to look at it later and laugh.

1 US Dollar == ~ 0.0321 Bitcoins

1 Bitcoin == $30.89 US Dollars

Go for it Ben, you're just making the US Dollar tank relative to BTC.
sr. member
Activity: 434
Merit: 250
Gawd, helicopter ben is like a comic book villain.
legendary
Activity: 1540
Merit: 1000
US Quantitative Easing tends to increase commodities prices, so this might will benefit the bitcoin price.

Fixed that for you Tongue Bitcoin is very much the opposite of the dollar in many respects, soon we will see who is correct and who is talking utter bullshit.
vip
Activity: 1316
Merit: 1043
👻
US Quantitative Easing tends to increase commodities prices, so this might benefit the bitcoin price.
member
Activity: 83
Merit: 10
Dang, I love how every atrocity can be justified with "jobs creation". I wonder what uncle Ben will do when stagflation appears? Meh, who am I kidding? He'll print more.
sr. member
Activity: 374
Merit: 250
Tune in to Neocash Radio
http://www.telegraph.co.uk/finance/economics/9896100/US-unemployment-merits-third-round-of-money-printing-says-Ben-Bernanke.html

It's funny they call a new round of QE a third round.  What they don't say is a third simultaneous round. 

Bitcoin to the moon!
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