This whole targeted QE3 thing to MBS got me wondering. Why in hell do they want to restart the housing bubble? Could it be to prevent a MBS derivative collapse? What if things behind the curtain were getting to the point that a few trillion in derivatives were about to pop? Give me a heads up when there are headlines "hunt for borrowers”, “Homes up, spending may follow”
Inflation in things we need, Deflation in things we want.