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FED meeting and

57loaded57loaded Posts: 4,967 ✭✭✭
meeting before reporters

don'tcha think they will ask some tougher questions than Congress? i have listened to some of the questions asked by Congress to Chairman Bernanke and to be honest, i felt Congess doesn't have a clue about what the Fed does.

the markets DO price this in. we have seen silver and gold rise, commodities rise, the dollar tank. what happens after this week? i don't know we can guess. long term...(next few years) SOS or worse.

not to get too off topic.... TWO things need to change for a real recovery. Home prises stabilizing (short and cash sales diminishing and shadow inventory truly dissapearing) and wages increasing for J6P.

i don't even want to get into the issues with many States (another topic)...but pick up the current "The Economist" and read about California. It's a pretty good report on the problems and how they came about and how they are STILL happening.

edited at least once for spelling (i know firefox...but not yet)

Comments

  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    Dr. Paul never cuts him any slack. Former member Alan Grayson kept a poker in his butt as well.

    Alan Grayson: "Which Foreigners Got the Fed's $500,000,000,000?" Bernanke: "I Don't Know."

    Alan Grayson: Is Anyone Minding the Store at the Federal Reserve?



    << <i>TWO things need to change for a real recovery. Home prises stabilizing (short and cash sales diminishing and shadow inventory truly dissapearing) and wages increasing for J6P >>


    What we don't need is continued interference in the markets. Housing is only finding it's real value after being "stimulated" to artificial highs. The 2 Ws do this on purpose. They artifically run up the price (or run down the costs) in order to take everyone's money before they pop the bubble.

    Only one thing needs to change for a recovery: Get Washington and Wall Street out of controlling markets. Let the markets correct themselves, however painfull in the short term that may be.

    I predict bungling ben's first ever press conference on Wed. will bring the DJIA way down and PMs way up.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Ben will tell the reporters the same gibberish that he tells the Senate and Congress. That is, that inflation is low and under control, that the FED will ease out of
    acquired "assets" when the time is right, etc.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • IMF says America is over with... 2016 China will surpass us economically.

    It was just a just a matter of time.



    END THE FED
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    IMF is a shill for the globalization effort and has dreams (and promises) of being the world's central bank. They currently are a vulture sitting in a tree waiting for the US economy to be officially declared dead.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • halfhunterhalfhunter Posts: 2,770 ✭✭✭


    << <i>IMF is a shill for the globalization effort and has dreams (and promises) of being the world's central bank. They currently are a vulture sitting in a tree waiting for the US economy to be officially declared dead. >>



    image

    Well Said ! ! !

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • pf70collectorpf70collector Posts: 6,641 ✭✭✭
    Down with globalization.
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