The international observers were sure that the Federal Reserve would hint on faster tapering of the quantitative easing. For instance, a billionaire, and one of the most famous investors, Stanley Druckenmiller, said that the Federal Reserve program hampers the U.S. economic recovery. The economist believes that the U.S. should exit the QE3 before the set deadline. Such a view is shared by the former Federal Reserve governor Kevin Warsh. However, the tapering should be planned beforehand and taken by easy stages. Thus, there are worrisome signals that if the bond-buying ends too quickly, it might destabilize the economy. “Wealth creation comes from strong, sustainable growth that turns a proper mix of labor, capital and know-how into productivity, productivity into labor income, income into savings, savings into capital, capital into investment, and investment into asset appreciation,” experts say. This point of view is explained by the fact that QE program, that stipulates aggressive bonds purchases, just shifts wealth from the middle class and poor to the rich. Some time ago, the Fed’s officials approved another QE reduction by $10 billion. Apart from this, the Federal Reserve expects sharp increase in interest rates. As the result, the program is curtailed from $25 to $20 billion. The volume of MBS purchases will fall from $20 billion to $15 billion. Thus, the total volume of monthly assets purchases contracted from $45 billion to $35 billion.