Looks like the Fed was right in focusing in Core CPI afterall

[Aaron Copland]

Quote from Daal:

they took the blame for the big spike in overall cpi but now where are the ETrs who will give them credit for the plunge in food and energy prices?

Plunge in energy, not food.

 

[Daal]

CPI yoy is tanking. now just where are the props for bernanke for guessing correctly what would happen to food and energy prices?He predicted better than 90% of the people who went on bloomberg and cnbc

 

[rodmike9]

Quote from Daal:

they took the blame for the big spike in overall cpi but now where are the ETrs who will give them credit for the plunge in food and energy prices?

The FED created a mess. How much more evidence do you need?

You want to give the FED credit????

Have you been sleeping under a rock for the past year?

 

[makloda]

Quote from rodmike9:

The FED created a mess. How much more evidence do you need?

If I leave my patio door open and someone robs my house, did I create the mess or was I merely partly responsible for the mess?

Banks, mortgage lenders and investment banks and dumbass US consumers were the ones who created this mess. The Greenspan FED simply gave them the opportunity.

 

[rodmike9]

Quote from makloda:

If I leave my patio door open and someone robs my house, did I create the mess or was I merely partly responsible for the mess?

Banks, mortgage lenders and investment banks and dumbass US consumers were the ones who created this mess. The Greenspan FED simply gave them the opportunity.

Right.

Great analogy

Wrong.

Cause (FED) >

Effect > Cause > Effect > Cause > Effect

Where do you belong?

 

[clacy]

Quote from rodmike9:

Right.

Great analogy

Wrong.

Cause (FED) >

Effect > Cause > Effect > Cause > Effect

Where do you belong?

That's BS. There is plenty of blame to go around, and this has been 20 years in the making. Easy credit (fed), living beyond one's means (american pulic), NINJA loans (mortage industry), Fanny & Fredie (government)

 

[rothschild]

Quote from clacy:

That's BS. There is plenty of blame to go around, and this has been 20 years in the making. Easy credit (fed), living beyond one's means (american pulic), NINJA loans (mortage industry), Fanny & Fredie (government)

You are right, just one point though: don't feed the bears.

If the bank for international settlement had developped other tools instead of mass credit expansion you have to clean later...

The people are too weak to be given so much.

They deserve a chance, but not 3-4.

Not until we can secure supplies in water, food, energy and minerals.

 

[piezoe]

Quote from Daal:

they took the blame for the big spike in overall cpi but now where are the ETrs who will give them credit for the plunge in food and energy prices?

Food is "plunging". Really!

 

[Cesko]

Quote from makloda:

If I leave my patio door open and someone robs my house, did I create the mess or was I merely partly responsible for the mess?

Banks, mortgage lenders and investment banks and dumbass US consumers were the ones who created this mess. The Greenspan FED simply gave them the opportunity.

Plus politicians (Democrats mostly).

 

[Daal]

Quote from piezoe:

Food is "plunging". Really!

the rogers agriculture ETF is down almost 50%