Insolvent Fed Decision To Cause Massive Market Moves
16 December 2013, by Eric King (King World News)

James Turk: “The Federal Reserve’s next FOMC meeting is being held this week, Eric, and it promises to be an important one.  The question everyone is asking is, what will happen to the Fed’s so-called quantitative easing scheme, by which it turns debt into more dollar currency?....

“There are of course only two alternatives:  Either the Fed will finally announce some tapering, meaning it will reduce - but not end - the size of its purchases.  Or, alternatively, Ben Bernanke and his colleagues will kick the can down the road and let the new incoming Fed chairperson, Janet Yellen, decide next year whether to slow down the printing presses.