QE3: Finding a Vein for that Sweet, Sweet Junk

Trevor “Deuce” Bagge, just your average financial muckymuck finally scores the fix he has been craving for so long.Relief washed over him in warm waves with a few quick shudders…..mmmmmmmmmm…..back in business.The money goes mainline into the banks and then into the whole circulatory system – treasuries, mortgage backed securities,commodities, stocks,balance sheets…with nothing actually going to create jobs or re-inflate the real estate market.Luckily this fix doesn’t stop – Bernanke said this time the fix goes on forever.

Hat tip Mike Panzner

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