Federal Reserve Announces Plan To Continue Funding Its Hedge Fund "like" Activities By Devaluing the Dollar

QUANTITATIVE EASING OFFICIALLY BEGINS WITH $600 BILLION IN TREASURY PURCHASES

The breakdown:
Currently, the monetary base is $2,003,117,000,000.00 dollars (two trillion, roughly). In eight months, it'll be roughly $2,600,000,000,000.00 dollars (two trillion, six hundred billion). This is an expansion of the denominator of the worth of a dollar. So, in eight months, one dollar will be equal to $2,003,117,000,000.00 divided by $2,600,000,000,000.00. Which is 0.7693.

To put it another way, in eight months, the dollar will be 23.1% worth less.

Of course, this just adds to the insult that they already increased the monetary base from 900B to 2T in 2008. So, if you divide $900,000,000,000.00 by $2,600,000,000,000.00, then in eight months, a dollar will be worth 34.6% of its 2008 value.

In other words, since 2008, the Central Bank of the United States has exacted a 65% tax on all greenback users, and against all asset classes, to cover for the crimes of the financial sector. All done without representation.