Will high gas prices force the Fed to stop or slow down money printing?

[krazykarl]

Quote from denner:

Krazykarl ranks amongst the elite group of Bernanke bootlicker's on this site. You'll never find a single post critical of Bernanke's madness.

And I love the fact that nothing is subject to alternative interpretation with these guys. He knows "the facts" and everybody else is an ignoramus. Well if that's the case, there's a long list of highly qualified and well respected opinions that disagree with this group.

We're elite becuase there are so few of us. I've criticized ben a few times, but I think he's smarter than anyone on this site and has infinitely more accurate data then we can hope for ourselves.

As far as "alternative interpretation" you'll find that I'm in the overwhelming minority on this issue - you should perhaps practice what you preach. This board, and this thread, are littered with "OMG The Fed is Evil!!! All they do is print money and give it to banks! Goldman Sucks! WAH WAH WAAAAAAHHHHHHHHH!!!11! satan WAHHH WAHH WAAAH satan bankers!!!! WAHHHHH" God forbid I take a reasonable approach to the other side of the discussion.

 

[krazykarl]

Quote from denner:

The Fed discontinued the reporting of M3 almost 5 years ago, so how are we supposed to discern any changes?

The M3 bias shows up in other indicators. While us humble plebs can't know what M3 definitively is, we can venture a good guess at the range.

 

[atticus]

Quote from krazykarl:

The M3 bias shows up in other indicators. While us humble plebs can't know what M3 definitively is, we can venture a good guess at the range.

So again, you've admitted you're entirely full of shit.

 

[Martinghoul]

Quote from denner:
Krazykarl ranks amongst the elite group of Bernanke bootlicker's on this site. You'll never find a single post critical of Bernanke's madness.

And I love the fact that nothing is subject to alternative interpretation with these guys. He knows "the facts" and everybody else is an ignoramus. Well if that's the case, there's a long list of highly qualified and well respected opinions that disagree with this group.

Even though I'm with kk on this, that's not the point. I wonder if you saw the question I asked you, specifically, on another thread?

 

[krazykarl]

Quote from atticus:

So again, you've admitted you're entirely full of shit.

how do you figure?

 

[psytrade]

Quote from misterno:

The debt is only on the paper

As long as the banks do not lend all the money that is lended to them, inflation will not explode.

Bernanke is asking for interest on the money that he lended to the banks in return banks will not lend this money as credit so this electronic money will never end up in the market. So no inflation and no trouble.

Agreed. Why would any bank lend money to small businesses (which create all the US job growth) when you can ride a manipulated yield curve and profit in the bond Markets? This isn't a new story. Read what Antal Fekete has to say about how this really functions. It's all engineered for bond speculators to suck the life out of the economy.

What better answer to higher interest rates than being able to manufacture a credit crisis to generate a rise in bond prices and appropriate massaging of the yield curve? Charles Hugh Smith has many thoughts about this.