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I was trading in 1990 and there was no talk of QE then. I was trading in 2001 and the big talk from the FED was avoiding the mistakes that Japan made to prevent deflation from taking hold. Please back your statement up with a quote from the FED publically acknowleding they want to do the same...

Here is the research I found on QE: The original Japanese expression for quantitative easing was used for the first time by a Central Bank in the Bank of Japan's publications. The Bank of Japan has claimed that the central bank adopted a policy with this name on 19 March 2001.[25] However...

crossing signals = misinterpreting. I assume you will do the right thing here and apologize to me. I will discuss your second point tomorrow. I am tired and want you to have proper time to apologize for point (1) as you said you would.

My contention is that they are denying it because they are copying the entire Japanese model to get out of the overspending issue while selling their plan as an attempt to avoid what happened to Japan. It failed Japan and will fail the US and I suspect GB knows that now. Go back and read...

1) The post that concerns you is my comment about the double speak 1984ish term "quantitative" easing. I was trying to point out that it made no sense to me. I proposed that the word quantitative was chosen as opposed to qualitative. I thought that qualitative or "actually fixing the issue"...

Yet, credentials say nothing about the quality of thinking or of ideas. Otherwise every university graduate with lots of credentials would be a millionaire trader. I am not saying I am right, I am challenging others to pick apart my ideas. I win either way (right or wrong). I value...

Is that you Gentle Ben? Could you please define M8 for us if you bring it up? It sounds sexy which is usual for economics.

Precisely. This is just another tragedy of the commons issue (like most major world issues). IMO: When the US took on WORLD base currency role to avoid paying the debt they owed to France in gold, they guaranteed that their currency would fail some day (barring politicians that make choir...

I believe that interest causes this in a fractional reserve banking system. Everything is theoretically reversible except the interest charged. Interest is a general tax on assets payable to banks for their profit. Unlike the government taxation, it taxes the weak and bankrupt more and the rich...

Yes ... and the more useless a powerful government becomes. However, the FED and the government are pretty much hand in glove. The banks want a wasteful spending borrowing entity as a reason to borrow. And the government wants more money and a reason to tax more. Your comment got me to look...

Relative labor cost is another factor. When a country has over-priced labor relative to their world compared productivity, higher unemployment rates are sure to follow eventually. COLA clauses are attempt to build in inflation in wage and ignore the basic cause - over paid labor. As unskilled...

IMO, Inflation is related to the increase/decrease in money value compared to the ratio of real goods and services of the economy. Many people (including me) use terms that are not precisely defined and so understanding each other's points is more difficult. Economists encourage this confusion...

A related problem is discussed this weekend on Quirks and Quarks. You can search "october 6: prize fight" and click on the cbc podcast button to listen to it. It is a short discussion of a book about the fights between Nobel prize winners. Perhaps this also hints at why some of the misconduct...

Interesting articles. Some years back, I listened to a radio program about the placebo effect in double blind studies. The researcher claimed that many studies assumed there was no such effect because many medicines would not have passed. So the effect would swamp the statistics and therefore...

Without too much detail, can you describe the method you use and the time frame of the trades please? I wasn't a member of the glorious ET site for your first thread.

That is what makes a market.

I agree with this original comment. Many (including me) are confused about HFT. Just a heads up. in the "Hold Brothers $4 Million Manipulative Trading Case" thread, Mr. Bright has made an interesting seminar offer on page 11. Of course, I have no relationship to him at all. I just like to...

I would welcome learning more Mr. Bright. When and where?

I can discuss with vicirek and understand where he is coming from. I am perfectly OK with people that don't agree with me and I like to hear the other side's strongest arguments. After all, sometimes I am wrong and they point that out. I am simply asking for a level trading playing field for...

OK. So before HFT, did this not happen? What do you think market makers do in a market and what is the HFT relationship to market makers?