QE3 and inflation
While QE3 might seem harmless to U.S. consumers, it is present every time they gas up their cars or buy food at the grocery store.
In fact, all three rounds of quantitative easing have led to higher priced commodities.
Whether you realize it or not, QE3 - same as the stimulus programs before it - is adding greatly to the costs of everyday life. QE3 is directly leading to higher prices for oil, food and the cost of imported goods.
Over time, that results in a tremendous consumer expense in all product and service categories.