Ray masterfully suggests we may need alternatives to QE

dozu888 said:
if this is not a green light to go all-in, what is lol.

this is not much different from QE... QE goes QE1, QE2 and so on, until the needle is moved.

this rate peg is even more powerful... whatever it takes.... imagine if you push down the maturity... imagine if they guarantee 1% interest rate for the next 30 years lol.... instantly SP500 will have a P/E ratio of like 100.

don't fight the Fed lol.
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As I understand it's a light version of QE with automated exit since all papers all bought with maturity within the guaranteed rate interval. Moral hazard was too high with QE.

What's the difference with rate pegging of BoJ?
 
pipeguy said:
As I understand it's a light version of QE with automated exit since all papers all bought with maturity within the guaranteed rate interval. Moral hazard was too high with QE.

What's the difference with rate pegging of BoJ?
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I think ultimately it comes down to the robustness of the economy and the reserve currency status. Printing the USD is fundamentally different from printing non reserve currencies.
 
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