Point 1, to Reiterate from Yesterday’s Post’s Predictions:

The Republicans will hate it. They’ll say it adds to the debt and does not bring down the deficit.

Here’s the Response from the Republican standardbearer:

“After four years of stagnant growth, falling incomes, rising costs, and persistently high unemployment, the American economy doesn’t need more artificial and ineffective measures,” sand Lanhee Chen, policy director for Romney’s campaign. The Republicans will hate it. They’ll say it adds to the debt and does not bring down the deficit.”

That looks like “hate it” to me. Second prediction:

The Democrats will be mum on it, or at most say how clever and knowledgeable Chairman Bernanke is. No endorsement…no pan…

Well, can’t say because THERE’S NOTHING ON THE WEB ABOUT IT. Guess that makes ’em mum…

Finally,

The pundits will argue over whether it will raise or lower interest rates.

Here’s the first: yes, it will lower interest rates – sort of…but not really:

http://ftalphaville.ft.com/blog/2012/07/24/1094601/the-academics-on-qe-for-now/

Here’s the second: interest rates are already nil, so there will be no impact (I agree with this one)…

http://www.bankingmyway.com/save/savings/what-does-printing-money-mean

So there you have it, folks: 3 for 3, but here’s the real advantage, at least in the short term:

And what was the stock market’s response to implementation of Doors 1 & 2?

Dow up over 200 points

Gold price soaring

REIT’s up with an expectation of a continuation of lower interest rates, despite any threat of inflation…

What could be nicer, at least for Emily the investor? Her IAG (I am Gold) investment from 1 year ago gave her a 57% net return.

Her two REIT investments (New York Management Trust and Chimera Investments) this morning are both up when they had been drifting lower because of the concern over the past few weeks of Fed INACTION.

Bless, you, Ben Bernanke!