That's 480 Billion Per year. Far short of what has been happening. The Federal government alone needs more that triple that to keep up with "expenses".
I think this QE fantasy is more of an operation Ween. Ween Uncle off his 1.5 trillion habit. It ain't gonna work. In the mean time the market will not perform.
you have to add in the current $45B per month for Operation Twist. Now we're talking real money since that $85B/m is now $1 Trillion dollars . The Fed is basically monetizing the yearly deficit all by themselves !!! GO GOLD GO