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There is very little they can do. They were boxed in for two decades.

Simply put, they are in a liquidity trap. If they stop the printing, thing collapse. Thus they have to keep printing which is slowly crushing things.

The only true solution is austerity which neither the fed nor politicians will opt for.

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Well change is constant and sometimes we need to make some changes in order to achieve some certain goals or aims...I am not sure what the future holds for the FED though....