Here's what I understand: our government is creating money out of thin air in order to buy its own debt back from the banks currently holding it. $600B or so in play.
I understand that Japan has done this in the past, but not to the tune of $600B.
What I don't know and need help with: what happened with Japan's QE experiment? How does all this play out, and how do I protect my family from economic harm?
I'd assume that QE has a great chance of setting off inflation and that commodities, especially gold, silver and oil, would be places to seek safe harbor.
what the craphell is going on?