QE4 Baby!

TGregg · Dec 11, 2012

Extending QE3 plus an extra $5,000,000,000 a month:

The Federal Reserve will amplify record accommodation tomorrow by announcing $45 billion in monthly Treasury buying that will push its balance sheet almost to $4 trillion, according to a Bloomberg survey of economists.

http://finance.yahoo.com/news/fed-seen-pumping-assets-4-050000764.html

My favorite line:

"It would also -- if house prices go up more -- mean more households would be able to refinance their mortgage," said Perli, a former economist for the Fed's Division of Monetary Affairs. "That's just like a tax cut or a pay increase because you have more disposable income in your pocket."

Yay! Just reinflate the housing bubble! What a great idea! LOL.

Bob111 · Dec 11, 2012

good time to buy a house,if you want speculate on price..we all know,fed usually get things their way..oh..i forgot..they will tax you to death,when you sell it..

Scataphagos · Dec 11, 2012

Quote from Bob111:

good time to buy a house,if you want speculate on price..we all know,fed usually get things their way..oh..i forgot..they will tax you to death,when you sell it..

Odumbo wants everybody who is motivated to "strive for success", "work hard", and "take risk"... then, when you succeed, he wants to confiscate your profits... all in the Marxist way... for "the common good".

:mad:

First Point LLC · Dec 11, 2012

Quote from Scataphagos:

Odumbo wants everybody who is motivated to "strive for success", "work hard", and "take risk"... then, when you succeed, he wants to confiscate your profits... all in the Marxist way... for "the common good".

That just about sums it up.

morganist · Dec 11, 2012

Maybe we should take a pool on the number that QE gets to. I.e. QE1, QE2, QE3, QE4.

What do you think. I reckon it will get to triple figures.

ktm · Dec 11, 2012

Quote from morganist:

Maybe we should take a pool on the number that QE gets to. I.e. QE1, QE2, QE3, QE4.

What do you think. I reckon it will get to triple figures.

I think they have to change the name at some point, because it will get a bad reputation.

Everyone was a rapper until too many murders were committed by rappers, then they became "hip hop artists".

Scataphagos · Dec 11, 2012

Quote from ktm:

I think they have to change the name at some point, because it will get a bad reputation.

Everyone was a rapper until too many murders were committed by rappers, then they became "hip hop artists".

Sort or like when they stopped using the term "Communist" and started using "Liberal".

morganist · Dec 11, 2012

Quote from Scataphagos:

Sort or like when they stopped using the term "Communist" and started using "Liberal".

There's a difference between communists and liberals. Most of the liberals I know are quite right wing small government etc.

Grandluxe · Dec 11, 2012

Japan is at QE8 now, so Uncle Ben needs to play catch up quick.

Scataphagos · Dec 11, 2012

Quote from morganist:

There's a difference between communists and liberals. Most of the liberals I know are quite right wing small government etc.

But you are in Europe... Liberals in America are really Communists in sheep's clothing.