The Federal Reserve Steps in (Congress, wage, March, ratings)

[gwynedd1]

...doggie doo

finished that for ya.

[Suncc49]

Originally Posted by knowledgeiskey

Will this work?

You are paying twice as much for booze and a steak as you were in 2007. Also expect serving sizes to keep going down on all major products along with price increases.

We had approx 800billion in currency in circulation in 2007, now we have 2.88 billion.... I guess another 480billion won't hurt, right?


This will make the stock market and inflation go up. FYI

[gwynedd1]

Originally Posted by knowledgeiskey

Will this work?

No.

Michael Hudson: Banks Weren

By contrast, now the U.S., British, Irish and Latvian governments have taken bad bank loans onto their national balance sheets, imposing a heavy burden on taxpayers – while letting bankers cash out with immense wealth. These “cash for trash” swaps have turned the mortgage crisis and general debt collapse into a fiscal problem. Shifting the new public bailout debts onto the non-financial economy threaten to increase the cost of living and doing business. This is the result of the economy’s failure to distinguish productive from unproductive loans and debts. It helps explain why nations now are facing financial austerity and debt peonage instead of the leisure economy promised so eagerly by technological optimists a century ago.

[01Snake]

I think it's painfully obvious that the current administration is essentially out of ideas and is doing ANYTHING it can to help them retain power.

[Earlyretired]

Their blowing up another huge bubble in stocks...

I don't understand why Democrat idiots approve of this...

Rich guys like me who own stocks and Gold and Silver and real assets benefit at the expense of the average 0bama voter...

Then again they seem to love higher energy prices and Big Sis buys their food

[KUchief25]

Key is getting out before the bubble pops. The crooks know when to get out as they are the ones pulling the strings.

[pghquest]

Originally Posted by Suncc49

This will make the stock market and inflation go up. FYI

And of course Democrats will stand there and tell you the economy is recovering because of these things..

[Joykins]

Originally Posted by knowledgeiskey

Federal Reserve decides to trigger third easing to help economy

How would this lead to job growth?

If it manage to tune inflation just right, it would favor debtors (like mortgage-holders) who would then have a larger portion of their income to use for consumption. This would up consumer confidence and the profits of businesses, and the increase in demand would spark hiring. IMO the Fed's been fighting deflation since 2008.

http://www.calculatedriskblog.com/20...lation-in.html

[itsjustmeagain]

Oh Boy, Gold is going through the roof.

[Tilt11]

This isn't going to improve economy. Its to help numbers before election. Its a smoke screen.