Chairman Ben Bernanke made two announcements Thursday about monetary policy: (1) the Federal Reserve will begin its third round of quantitative easing, and (2) it will maintain extremely low interest rates of 0 to 1/4 percent until at least mid-2015. These banking actions may sound like gobbledygook, but their effects on our country’s currency are drastically serious. Let’s translate a few things into layman’s terms. “QE3” — what’s this mean?

If at first you don't succeed...Federal Reserve Chairman Ben Bernanke offered a robust defense of the effectiveness of the central bank's easy-money policies in his speech Friday at the Fed conference here, and left little doubt that he is looking toward doing more to give the economy a lift at the Fed's next policy meeting in September.

 What has the government done to our money?  Well just about everything imaginable.

Albert Einstein once said “Insanity is doing the same thing over and over again and expecting different results.”  If one is to use this definition of insanity, he or she must come to the conclusion that Ben Bernanke is insane.  On Tuesday, Bernanke warned that if Congress