What's a trillion here or there for the Federal Reserve, which is drunk on printing money, and depending on who's right - such as Bank of America (NYSE:BAC), which sees them printing $1 trillion, and Goldman Sachs, which sees them printing $2 trillion - the fallout will even crush American more during the long term, as the company teeters on the precipice of insolvency.
Goldman and Bank of America see the Fed buying up government debt incrementally in order to keep the huge amount from being digested immediately by ordinary Americans. Both expect a $500 billion plan to be initiated immediately after the meetings held on November 2 and November 3.
This will push up the price of gold and other commodities, which will cause inflation to rise, as far as commodities used for industrial purposes. Some agricultural commodities will continue to rise as well, or at least maintain support at fairly high levels.
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