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Sunday, November 28, 2010

QE3 - why nobody thot of that?

QE2 has come and gone, with the bankers and speculators fattened like pigs, the money all gone to the hot spots where money makes more money, but the U.S. economy still in a conundrum. the president summons his team to work out some way to mitigate the situation, for it's the year of the presidential election.

"how about QE3?" says the secratary of treasury.

"well, i would like to but, it will be one too many QE. our financial credibility in the world would be zilch if we push for another QE."

"mr president, i would suggest we adopt CQE." said the CIA chief

"what's that?"

"it's essentially QE but done clandestinely."

"you mean we print money in secret?"

"no.... i mean let the mafia do it."

"what?"

"if we let the mafia do it locally, the money will end up in people's hands, not in the bankers' hands, and surely the economic will pick up!"

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