If QE 1 didn't work, why should QE2?
Deflation followed by hyperinflation is coming.
- Thread starter KINGOFSHORTS
- Start date
http://www.nytimes.com/2010/07/22/business/22fed.html?src=mv
Looks bad,I see the number of unemployed Americans increasing, and Obviously the FED is holding back but I see a worse outlook than what Bernanke is trying to insinuate.
The problem with a Liquidity Trap is 0% interest is not going to help, Only thing you will get out of it is a Carry trade and no further growth.
Looks bad,I see the number of unemployed Americans increasing, and Obviously the FED is holding back but I see a worse outlook than what Bernanke is trying to insinuate.
The problem with a Liquidity Trap is 0% interest is not going to help, Only thing you will get out of it is a Carry trade and no further growth.
Looking at things, Hyperinflation will probably hit around 2014.
why not 2013? why not 2012?
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bimarpradana
Registered: Jul 2010
Posts: 11
07-21-10 10:50 AM
the inflation can make the dollar stronger,,,
spoken like the finance minster of argentina or brazil in yesteryears when inflation was running at 50%+ on its way to 100%+
zdreg
We need hyperinflation to get us out of this mess, We need direct stimulus checks to each and every person in the USA, we can also make it in terms of vouchers to only buy material goods like clothing, tech items, rent payment,etc so people dont put it into their bank acct.
This is the only way, after that we can worry abt the hyperinflation, but first we need the poison to counteract the illness.
This is the only way, after that we can worry abt the hyperinflation, but first we need the poison to counteract the illness.
The banks with negative equities eat taxpayers/fed cash to capitalize themselves. They do not let it pass to the economy, as they most likely engage in bringing their equity from negative values closer to zero using the cash coming from deposits and from the Fed printing press.
Why does the government not use the new money (matched by funds from other investors) to build a fresh new bank for each bank that has problems. After it is done, the bank that has negative equity is then taken over, and the equity of shareholders and bond creditors in that bank is wiped out.
The government will then create fresh new healthy banks, and clean the system from bankrupt banks.
It would cost less than a fraction of what they have spending doing so far, and the benefit will be much larger.
Why does the government not use the new money (matched by funds from other investors) to build a fresh new bank for each bank that has problems. After it is done, the bank that has negative equity is then taken over, and the equity of shareholders and bond creditors in that bank is wiped out.
The government will then create fresh new healthy banks, and clean the system from bankrupt banks.
It would cost less than a fraction of what they have spending doing so far, and the benefit will be much larger.