The Fed will trade fiat USDollars for fiat European currencies--which are going (soon) into the black holes of Greece, Spain, Italy, and Portugal. Later, into Ireland.
Wisconsin native, conservative critic of everything. "Once abolish the God, and the government becomes the God." ---G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "Fallacies do not cease to be fallacies because they become fashions" --G K Chesterton "A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling