4 Answers

QE3 is, Quantitative Easing Round Three. The Federal Reserve may attempt to jump start the economy for the third time.

It is the Democrats 3rd try at pumping life into a dead economy. It is doing nothing but lowering the value of US currency that is so low right now that Monopoly money is probably more valuable. Ben Bernanke is printing more and more money trying to cause the economy to rebound, but it can't since it is dead. There will be no hope for the US economy until the national debt is lowered from the double digit trillions that Obama has increased it to. And the funny thing is that the Demoncrats are trying to make GW Bush--the last president--into Obama's whipping boy. They're trying to blame GW for the stupid moves Obama has made since becoming president. The national debt has to be controlled not by spending more but by cutting spending and by bringing in more money with trade with other countries. I think spending can be controlled very well by giving drug tests to everyone who receives welfare benefits and all who receive unemployment benefits. The first failure should lead to drug treatment--counseling and the second drug test failure will mean no more benefits. That would save a lot of money from leaving the US treasury. Also not giving food stamps, medicaid or other welfare type benefits to illegal aliens. I can't see the point of spending billions at the borders to keep illegal aliens out of the country and then giving them free services and food after they cheat their way into the country. It makes the US look totally stupid to other countries which lowers our level of legitimacy to other nations and then they have no confidence in US sense of reality.

There was QE1, QE2 and now trying to get QE3 passed. It means quantitative easing and is completely maniacal.

The U.S., in an effort to increase liquidity in the monetary system and to keep interest rates low, has deployed "QE-1 and QE-2".  QE stands for "Quantitative Easing".  These are systematic approaches to adding "more money" into the system.  What about QE-3?  Yes, you guessed it, the third wave of pumping lots of liquidity or money into the system, if necessary.  What do I think? It'll be necessary.

The market seems to be agreeing with me, or vice versa.  Gold prices tend to rise when the dollar weakens.  More liquidtiy pumped into the system, the weaker the dollar gets.  And Gold prices are rising in the partial anticipation of QE 3.

They must be going to build a new  ship with the  queens name