Tuesday, March 15, 2011

If Market Keeps Falling, Fed Will Keep Printing: 'Dr. Doom'

If Market Keeps Falling, Fed Will Keep Printing: 'Dr. Doom' - CNBC
"'We may drop 10 to 15 percent. Then QE 2 will come, (then) QE 4, QE 5, QE 6, QE 7—whatever you want.
The money printer will continue to print, that I'm sure,' said the author of the Gloom, Boom and Doom Report.

Later in the interview, he added,
'Actually I made a mistake.
I meant to say QE 18.'"

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