Probably the main reason it was never invested was that a) There are fraudulent practices and front-running all over wall street going unpunished by the SEC, and b) the Fed has ensured that the stock market is perpetually overvalued and at risk of a massive sell-off as debt in the system...
Whoever wrote this article was a moron.
Printing money has never worked in history and will never work. Look up John Law & France circa 1700's for example.
Of course printing money will lower yields in the face of deflationary forces, SO WHAT? All this is going to do is cause more silly...
Of course it doesn't eliminate unknowns, but it sure reduces the unknowns...
And then when you add in the ability for HFT to front-run Market orders... then they have market and limit orders covered... further reducing the unknown..
I'm not a trader but sometimes it takes people outside of...
http://www.nyxdata.com/nysedata/Default.aspx?tabid=808
NYSE Amex OpenBook provides a real-time view updated every second of the Exchange's limit-order book for all NYSE Amex-traded securities. NYSE Amex OpenBook lets traders see aggregate limit-order volume at every bid and offer price, thus...
http://www.nyxdata.com/nysedata/Default.aspx?tabid=808
NYSE Amex OpenBook provides a real-time view updated every second of the Exchange's limit-order book for all NYSE Amex-traded securities. NYSE Amex OpenBook lets traders see aggregate limit-order volume at every bid and offer price, thus...
Well, anyone can fund the gov deficit by purchasing T-bills... Bankers just happen to fund most of it probably.
Of course, the Fed has proven it can't fix the price of money and it should be left up to market forces. The only money printing should be done by government in times of need or for...
Absolutely irrational.
Does not account for:
a) The lack of "common sense" behind creating money out of thin air.
b) Possible systemic effects that are wide-ranging, long-term and difficult to decipher.
c) The raging inequity of printing money.
d) Pushing the cost of saving lower...
The most money a single company can really lose is the total value of its assets at firesale prices at the lower level OR the total discounted free cash flows available to the firm in perpetuity, should the firm be re-possessed and re-run by bankers.
Of course, it's still a massive systemic...