The members of the Fed "board" know that the European Central Bank is going to begin a new phase of money-creation, thus devaluing the Euro. This will make the Dollar look more valuable in comparison (this is a mirage, but that will be revealed as price increases blossom in the USA next year due to all the fake money created by the Fed and US gubment here). This, in turn, will make US exporters angry (look for all sorts of talk about a widening so-called "trade deficit"). Thus, part of the rationale (it is incorrect and immoral) of the Fed is to lower the value of the Dollar in order to maintain US exports.

This has already been tried. Beginning in late 2001, early 2002, the Fed pursued its policy of near zero interest rates. Here is the article about it:

http://mises.org/daily/1506/

Here is the information on Benny Bernanke and his Jetssssssss of inflation...

http://www.bostonherald.com/business/general/view/20220913investors_mark...

And as far as a "new" round of "Quantitative Easing"  is concerned? it really hasn't stopped. Just look at how the fed has been buying the long-term US bond. This is just a continuation of its inflationary program.

It's a disaster. There is no possible way the US economy will be able to avoid a near hyper-inflation situation on the horizon due to all this fake money creation and bond-switching the Fed and Treasury have doncuted and continue to do. Get PRECIOUS METALS ASAP!

Be Seeing You!