Tapering expectations

We should wake Thursday morning to the news of how much or even if any tapering of QE is announced.  Most are resigned to some and about 2/3 of US economists are expecting about a $10b/month reduction.  So that still leaves $75b/month.  Debate remains as the US economy simply isn’t doing what they said it needed to do before they’d stop the money printing press.  So some say ‘stop it’ as it’s not working, is building up massive debt and risks inflation; and others say ‘keep going’ as the economy is still a wreck.  The likely compromise will be a token reduction and forward guidance of near zero interest rates to keep things going.  The combined effect is still a massive continual debasement of paper money and adds support for real money like gold and silver.