QE increase announcement soon?
- Thread starter pfranz
- Start date
When they said taper I started to laugh. This was months back. They can't taper and on top of that there is absolutely NO EXIT strategy.....we have had QE 3 TIMES so far....and it will continue because without these programs in place the markets would be 50% lower and gdp sitting below 0% so basically the economy isn't really a real economy its an economy based off of cheap money printing...cheap interest rates and trillions and trillions worth of QE......
Asset bubbles every where. Inflation everywhere.
Everyone can think other wise, but when reality finally touches down like it always does everyone will finally understand that there is no fix for this financial crisis.
Asset bubbles every where. Inflation everywhere.
Everyone can think other wise, but when reality finally touches down like it always does everyone will finally understand that there is no fix for this financial crisis.
I think QE would be increased if or when stocks stop responding to current QE of $85 billion per month.
I hope when Bernanke leaves office he does the right thing and shoots himself
Both economy and stocks are an issue. The Fed is trying to use stocks (and rising real estate prices) to create a wealth effect. The economy is only responding unenthusiastically. Fed's answer is to do more. What's next for LSAPs? REITs? Junk bonds? How about some Hollywood memorabilia? I would like to sell my old baseball card collection.
It seems I was right:
Minutes ago, the Chicago Fed's Charlie Evans went dove-retard and tongue-in-cheekly announced that QEternity may have to be increased by 50% in the coming year!
http://www.zerohedge.com/news/2013-11-19/chicago-fed-evans-unveils-2014-year-end-sp-500-target
Minutes ago, the Chicago Fed's Charlie Evans went dove-retard and tongue-in-cheekly announced that QEternity may have to be increased by 50% in the coming year!
http://www.zerohedge.com/news/2013-11-19/chicago-fed-evans-unveils-2014-year-end-sp-500-target
If he said as a verbal QE and the market decides to test him, what would he do? Non-verbal QE would be left for rainy days. What if investors take it that the economy is not as good as they think, and decide to take profits? Did he think things through before making the remarks?
In Yellen's Tobin tutelage, pro-Keynesian thinking, it would make sense for her to do a money drop to get money directly into hands of lower income households, then spent and circulating in the economy as opposed to sitting as reserves at the Fed. Evans could be preparing the markets for this before Yellen takes the reins in January.