Quantitative easing is past its due date | Heidi Moore | Comment is free | theguardian.com
"The Fed likely knows all of this. And that is probably why it is right to start ending the grand experiment in extended stimulus, taper off quantitative easing, and force the economy, the markets and Congress to think for themselves."
All Comments
- 2Posted by richrobinson 11 years, 7 months agoWe are in a real mess here. Just talk of stopping QE sends the stock market south. If they stop too fast we could see a real crash on Wall Street. If they keep it up inflation is going to go crazy. These clowns have us in a lose lose situation.| Permalink
- 1Posted by $ nickursis 11 years, 7 months agoWait a minute here...the government buys it's own debt with the money it prints? And no one seems to think there isn't something not right about this? Of course it effects the stock market, the FED just acted like a large investor, except it puts monopoly money into the system. Has anyone ever tried to find their Social Security money? Thats right..its all a bunch of paper IOUs in a file cabinet....| Permalink
- 1Posted by LetsShrug 11 years, 7 months ago in reply to this comment.Ta Dah! RIGHT where they want us! It's like the clowns have magic wands or something, how they're pulling this off....but really it's silent, blind, ignorant, complacent sheep in unimaginable numbers backing this up with their votes. Perfect storm.| Permalink
