'Cause there maybe times When you think you lost your mind And the steps you're takin' Leave you three, four
steps behind But the road you're walking Might be long sometimes You just keep on printin' And you'll just be
fine, yeah
Federal Reserve Chairman Ben Bernanke decided that his "quantitative easing" policy needed some popular support, so he
hired a cheap song writer to write a song about an unelected official deciding to print unlimited amounts of money.
Unfortunately, the songwriter stole the music and most of the words from a popular song, so it could not be used. That
was a bad thing for the songwriter to do. He should not have done that.
QE3 was announced on 13 September 2012. In an 11-to-1 vote, the Federal Reserve decided to launch a new $40 billion a
month, open-ended, bond purchasing program of agency mortgage-backed securities and also to continue extremely low rates policy
until at least mid-2015. According to NASDAQ.com, this is effectively a stimulus program which allows the Federal Reserve
to relieve $40 billion dollars per month of commercial housing market debt risk with no maximum amount or time limit. Ratings
firm Egan-Jones said it believes the Fed’s decision “will hurt the U.S. economy and, by extension, credit quality.”
As a result the firm once again slashed the U.S. bond rating bringing it down to AA-. Federal Reserve chairman Ben Bernanke
acknowledged concerns about inflation.
Come on and
Ease on down, ease on down the road Come on, ease on down Ease on down the road Don't you borrow nothing...
Just print and re-load Come on, ease on down Ease on down the road
Come on, ease on down, ease on down the road Come on, ease on down, ease on down the road Don't you borrow
nothing... Just print and re-load Come on, ease on down, ease on down, down the road
Un-em-ploy-ment's up
The e-con-my's down Come on lets keep printin' Don't you lose no ground You just keep on keepin' On
the road that you choose Don't you give up printin' 'Cause you just can't lose, no
Ease on down, ease on down the road Come on, ease on down Ease on down the road Don't you borrow nothing...
Just print and re-load Come on, ease on down Ease on down the road
'Cause there maybe times When you think you lost your mind And the steps you're takin' Leave you three, four
steps behind But the road you're walking Might be long sometimes You just keep on printin' And you'll just be
fine, yeah
Ease on down, ease on down the road Come on, ease on down Ease on down the road Don't you borrow nothing...
Just print and re-load Come on, ease on down Ease on down the road
Well there maybe times When you wish you wasn't born And you wake one morning All your in-di-ca-tors warn But
just know that feeling Only last a little while You stick with us And we'll print you up a pile, yeah
Print 'em up, goin' down, ease on down Print 'em up, goin' down, ease on down Print 'em up, goin' down,
ease on down Print 'em up, print 'em up ease on down the road
Print 'em up, goin' down, ease on down Print 'em up, goin' down, ease on down Print 'em up, goin'
down, ease on down Print 'em up, print 'em up ease on down the road
Print 'em up, goin' down, ease on down Print 'em up, goin' down, ease on down Print 'em up, goin'
down, ease on down Print 'em up, print 'em up ease on down the road
