Yellen should be arrested for such blatant asset prices manipulation imo. Yesterday's talk of MOAR QE has led to a quick 24 hour 2% surge in the markets. Just how terrified must she be that what they're doing isn't working? The economy isn't hitting their forecasts yet again, nobody knows where the Fed's goalposts are now for changing interest rates, so weeks ahead of a possible rate hike (ha!) she starts talking QE. And of course stocks love it, as usual. Never mind the corporate profit recession, lack of worldwide growth and extreme valuations especially GAAP, it's MOAR easing and that's the only thing that matters, and she damn well knows it. I wonder how long before we have NIRP, a cashless society so they can track and tax everything (it fights terrorism, apparently, and that'll be the excuse for forcing it), and helicopter money drops. If you had said we'd be here a decade ago, people would have called you crazy.