The Way Things Are Going, Bernanke Will Have To Give Us 96 More Rounds Of Fed Stimulus

However, the bears aren't convinced.

After Bernanke's comments, Peter Schiff said the economy was so weak that the Fed's next big announcement would actually be to increase QE.

Uber bear Marc Faber, embracing hyperbole, suggested that QE would basically be a part of everyday life for the rest of our lives.

"As I said already three years ago, we are going to go with the Fed to QE99," said Faber on Bloomberg Television with Trish Regan and Tom Keene on Friday.

We are currently on the third round of QE, aka QE3.

Here's a transcript of the interview via Bloomberg Television: