Ben will go out the hero.......that is the plan.......the next chairsatan will fall on their sword and Bernanke will be praised, raised to the status of Reagan. The day Bernanke's successor takes over it will all fall apart. This will coincide with the reduction of the SNAP program and the pull out in Afghanistan. Bernanke's will be praised as the savior until the end of time and the greatest crime ever committed will be complete when the statute of limitations kicks in and nobody goes to jail and everyone can then write their memoirs.
Wait until Bernanke is replaced then go all in on TBT.....two more years of this, at the most.
He had better start increasing the amount of money he is printing because he is gradually loosing control of the bond market.Rates are in an uptrend.The more he prints, the worse it's going to be when his policys become unraveled.
I think Japan scared the #$%$ out of Ben. They printed big and rates went up. That's not supposed to happen in Ben's world view. It just showed him that QE cannot go on forever without negative results. So ironically, he starts talking taper and rates go up anyway because no one wants to hold bonds if no one is buying. It's ye old Catch-22.