Key reversal

so you are rewarding the banks for poor judgement and punishing older people who depend on CD interest. you forced money in the stock market at best so grandpa who needs his 5% CD has his 200k life savings in stock is that safe for him? there is good and bad in what the fed did but there will be a price for this down the road.

i don't know the right answers to how much the fed should do but they are fools. its laughable how they come out and try to explain what they are doing last week to the market again. its like the think wall street is ran by retards. the fed should do whats right for the economy not wall street because wall streets job is to play people out of money even the US government. its not a team sport.


Quote from britefire:

Out of control ?

By printing money
it is hoped to:
–Replenish bank reserves
–Hold interest rates low,
to moderate interest payments on treasury loans,
and to encourage home purchases
–Raise the stock market.

By keeping rates low
and paying interest on bank reserves
the banks have been successfully induced
to withold commercial loans
thereby holding the economy in check
and so, in spite of printing,
holding money velocity low
and so, keeping some pressure on inflation.
More...
 
Quote from britefire:

Marc Faber said something like:
"You hold your dollars
and I'll hold my gold
and we will see whose asset goes to zero first"

But, he didnt say when.

I would say
when foreign dumping of treasuries
becomes the vogue.
More...
wont devalueing the dollar help reduce what we owe,didnt they do that to japan in 89 or 90...am clueless so you wont hurt feelings correcting the statement,
 
Quote from ammo:

wont devalueing the dollar help reduce what we owe,
More...
Devalueing the dollar,
ie printing to pay the debt,
will allow the US
to pay off our debts in cheap dollars,

and also give a competitive advantage
to US global corporations
against countries who dont print as fast as the US,

also, reduce relativly,
US workers wages
so we can be more competative in the world market

but

it will also reduce the purchasing power of the dollar
meaning a lower living standard
for you and me
and all the people in the country
[except the 1%].

http://britefire.wordpress.com/2013/07/01/devalueing-the-dollar/us-hosehold-income/

http://britefire.wordpress.com/2013/07/01/devalueing-the-dollar/us-family-net-worth/

http://britefire.wordpress.com/2013/07/01/devalueing-the-dollar/wealth-distribution/
 
I hate flagpoles----today's open. I was in a hedged short over the weekend and spent all day trading around it then closed it for a grand total profit of, wait for it, wait for it.....



$123.79 after commissions. I guess after rent, power, water, trash, and other expenses I'll have just enough for the all-american meal, Taco Bell:D
 
Quote from Lojanica:

$123.79 after commissions. I guess after rent, power, water, trash, and other expenses I'll have just enough for the all-american meal, Taco Bell:D
More...

$123 covers all of that :confused:..where do you live?...in a cardboard box alongside the highway?
 
Quote from HurricaneUS:

$123 covers all of that :confused:..where do you live?...in a cardboard box alongside the highway?
More...

Maybe for a half-day. Tongue in cheek my good friend. Sometimes you get beat up. I suppose I could have Martingaled and walked away a winner but experience has taught me to take my lumps as tomorrow another day.

At least GRPN continues to chug away.

GDXJ reverse split not good. Usually a sign of failure...
 
seems like a recipe that caused revolutions in many countries. are we going to help the poor on this plan or expand social welfare? we can have billy who is 7 learn to knit. when does helping US corporations help americans? i know places sending jobs from the east coast to the midwest because labor is cheaper in that part of the US. if you are a business why would you grow knowing that not hiring keeps your interest rates down and you see the emerging markets getting crushed and europe in recession? do you really think you can uncut those countries?

i get your logic understanding economics but isn't the problem bigger than us?

Quote from britefire:

Devalueing the dollar,
ie printing to pay the debt,
will allow the US
to pay off our debts in cheap dollars,

and also give a competitive advantage
to US global corporations
against countries who dont print as fast as the US,

also, reduce relativly,
US workers wages
so we can be more competative in the world market

but

it will also reduce the purchasing power of the dollar
meaning a lower living standard
for you and me
and all the people in the country
[except the 1%].

http://britefire.wordpress.com/2013/07/01/devalueing-the-dollar/us-hosehold-income/

http://britefire.wordpress.com/2013/07/01/devalueing-the-dollar/us-family-net-worth/

http://britefire.wordpress.com/2013/07/01/devalueing-the-dollar/wealth-distribution/
More...
 
Quote from ammo:

its not about the time put in ,he gave his read on his system,i gave mine,heres a third, a hns setup to 1634,head to neck is 118 pts,following that line, 1634 would hit around jul 19 ,exp,there are many more, try to recognize as many as possible and then deduce as they fail to materialize,narrowing down the possible recognizable scenarios
More...

Ammo

Like clockwork
 
Quote from brokerboy:

but isn't the problem bigger than us?
More...
Maybe.

"We now live in a nation where doctors destroy health,
lawyers destroy justice,
universities destroy knowledge,
governments destroy freedom,
the press destroys information,
religion destroys morals and
our banks destroy the economy"
- Chris Hedges, "Days of Destruction, Days of Revolt"

I read somewhere
that revolts start
when food prices exceed 50% of income.

"the timing of violent protests
in North Africa and the Middle East in 2011
as well as earlier riots in 2008
coincides with large peaks in global food prices.
food riots occur above a threshold of the FAO price index of 210.

"Where is the FAO index now? 213.
It would appear that unrest in the middle east is set to continue..."
 
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