Did we just rally on unlimited money printing?
MsMorrisine
Posts: 33,012 ✭✭✭✭✭
first the word unlimited is comical.
then it is mass money printing and that causes a rally like it is a good thing?
then it is mass money printing and that causes a rally like it is a good thing?
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"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
". . . creating asset bubbles all over the world. The biggest one of those asset bubbles are government bonds."
"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
<< <i>Did we just rally on unlimited money printing? >>
Yes, and here's why
"the FED may have its own game changer in the form of open-ended QE": "Some officials have said any new bond buying, or quantitative easing, could be open-ended, meaning it would not be bound by a fixed amount or time frame."
"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
<< <i>
<< <i>Did we just rally on unlimited money printing? >>
Yes, and here's why
"the FED may have its own game changer in the form of open-ended QE": "Some officials have said any new bond buying, or quantitative easing, could be open-ended, meaning it would not be bound by a fixed amount or time frame."
Is that Ben Bernanke when he was a toddler?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Unlimited money printing, along with unlimited otc interest rate contracts linked to TBonds helps to keep things from getting away from them. But it's a see-saw sitting
on a needle point. One tiny slip, and one side bottoms out.
Based on current unemployment numbers the FED has no choice but to stimulate. The question is do they realize this and if so when will they do it.
Private banks are in business to loan money. The FED is the ultimate private bank. It is now the primary buyer of US bonds (loaning money) and will continue to do so until it sees too much risk in the investment as have former primary bond buyers. I look for the FED to eventually turn that paper into more secure gold holdings and then recommend returning to a gold back currency.
"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
<< <i>Is that Ben Bernanke when he was a toddler?
It was before they invented the helicopter.
"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
<< <i>
<< <i>
<< <i>Did we just rally on unlimited money printing? >>
Yes, and here's why
"the FED may have its own game changer in the form of open-ended QE": "Some officials have said any new bond buying, or quantitative easing, could be open-ended, meaning it would not be bound by a fixed amount or time frame."
Is that Ben Bernanke when he was a toddler?
That's what my wife and kids do with my money.
And that toddler, got a good arm!
The more qualities observed in a coin, the more desirable that coin becomes!
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I bet no easing. Not this close to an election. They might do something, but it won't be dramatic.
<< <i>Surely there is a better way to do business with each other. Waiting for this to evolve. >>
Yeah, Spanky should be tossing out those FRNs with both hands.
All I know is something wrong with near 0% interest rates and we've been spending over a trillion a year for the last 4 years. Where's that money going. In my mind it's QE or we're paying a lot of people not working even though the employment rates are claimed to be only 8%.
The math doesn't add up for me.
All I know is something wrong with near 0% interest rates and we've been spending over a trillion a year for the last 4 years. Where's that money going. In my mind it's QE or we're paying a lot of people not working even though the employment rates are claimed to be only 8%.
The math doesn't add up for me.
Bingo!
I knew it would happen.
<< <i>Did they ever stop quantitative easing?
All I know is something wrong with near 0% interest rates and we've been spending over a trillion a year for the last 4 years. Where's that money going. In my mind it's QE or we're paying a lot of people not working even though the employment rates are claimed to be only 8%.
The math doesn't add up for me.
Bingo!
i dont want to know where they went to school for math. they should refund the taxpayers ( its not gonna happen )
<< <i>Did they ever stop quantitative easing?
All I know is something wrong with near 0% interest rates and we've been spending over a trillion a year for the last 4 years. Where's that money going. In my mind it's QE or we're paying a lot of people not working even though the employment rates are claimed to be only 8%.
The math doesn't add up for me. >>
Briefly talked about this on another thread. There have probably been at least 8 QE programs to date since QE1 launched in 2008, and likely some other ones that were well hidden.
Each one of those programs in the $600 BILL and up range. QE never ends.