Galt's Gulch

Quantitative easing is past its due date | Heidi Moore | Comment is free | theguardian.com

Posted by LetsShrug 11 years, 7 months ago to Economics
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"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."
SOURCE URL: http://www.theguardian.com/commentisfree/2013/sep/06/bad-economic-stimulus-quantitative-easing

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  • Posted by richrobinson 11 years, 7 months ago
    We 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.
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    • Posted by LetsShrug 11 years, 7 months ago
      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.
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  • Posted by $ nickursis 11 years, 7 months ago
    Wait 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....
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