QE 3

With the Fed giving us QE 3, we will see our money decrease in value, fuel prices increase and when fuel goes up, the cost of everything else goes up with it. Now the cost of doing business regardless of the business will cost more. We will see the ripple effect just like we saw with the housing collapse. You own a business, whether it is a restaurant, plumbing, clothing store, electronic store etc. and when the cost of doing business goes up then prices go up, people get laid off, business go out of business and obviously the unemployment goes up. Without jobs, people have no money to spend and the ripple continues. For some reason this administration and the Fed believes this will increase employment. Maybe I am missing something here, but we tried this 2 previous times and the economic climate worsen.