Fed to buy $500 billion in US debt
- Thread starter bearice
- Start date
Hey wont be laughing when he is held acountable for destroying our economy forever. The fed is going full retard right now
I really seriously believe that he is the Antichrist
The declaration of Independence
IN CONGRESS, JULY 4, 1776
The unanimous Declaration of the thirteen united States of America
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.
But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
http://www.ushistory.org/declaration/document/index.htm
QE2 will have not much of an effect on the over all economy, the fed has done everything possible, the longer they keep rates at 0% and the printing press running at full speed the higher inflation will go. Millions out of work while consumer goods rise, something is wrong with this picture. Consumers are still very over leveraged while wages and incomes go absolutely no where, median wages are not doing well either. This economy is bankrupt.
The Federal Open Market Committee, the U.S. central bank's monetary policy-setting body, will meet Nov. 2-3. Investors have been on edge over talk of a second round of quantitative easing, parsing both economic data and market chatter because of the potential wide-ranging impact.
The Fed has said it was prepared to put more money into the economy if needed to stimulate the recovery and avoid deflation, a process known as quantitative easing (QE).
QE effectively requires the Fed to print more money, thus increasing supply and keeping interest rates at low levels.
That in turn makes the U.S. dollar less desirable as investors receive less yield for holding the greenback.
The Fed has said it was prepared to put more money into the economy if needed to stimulate the recovery and avoid deflation, a process known as quantitative easing (QE).
QE effectively requires the Fed to print more money, thus increasing supply and keeping interest rates at low levels.
That in turn makes the U.S. dollar less desirable as investors receive less yield for holding the greenback.
Austrian Economics is the alternative. Let the system reset. Capitalism, like life, is cyclical. Things will get bad first before they get better.
C'mon can you honestly tell me things are better? All of this stimulus has done if forestall the inevitable. You will see the real economy soon.