The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( Bullion Bulls Canada) -- Ben Bernanke has been in a quandary, ever since the Federal Reserve's QE II was universally castigated as a reckless (and selfish) escapade by the U.S., aimed at doing nothing more than propping up the value of the "financial assets" of the Wall Street crime syndicate. Bernanke never understood that criticism, since all of the money-printing done by the Federal Reserve is for the specific intent of propping up the value of Wall Street's financial assets. How else do you stop Ponzi schemes from imploding? Be that as it may, the one thing which Bernanke did understand is that there was little tolerance (and certainly no appetite) in the global community for more U.S. quantitative easing. To understand this requires actually taking a moment to define quantitative easing, since though the mainstream media uses the term a million times a month, they never explain it. Quantitative easing is nothing but a 21 st century euphemism to replace a 20 th century euphemism: "monetizing debt." Those with any understanding of language realize that euphemisms are expressions we create when we want to (more or less) lie about a subject -- because telling the plain truth is too unpalatable.