This is from a week ago....Peter Schiff is absolutely right...he is saying things that many don't believe to be true, that this entire market rally is based off of nothing else but QE...he is saying QE 4 is coming which I agree and have been saying the entire time that QE 3 has been coming to an end. Its a propped up market based off of nothing but trillions and trillions of dollars of QE 1 QE 2 QE 3 and soon to be QE 4. When does the fed lose their reputation ..when the markets start to fall apart and start free falling watch the fed come in and prop it up... Where are the free markets. ...lets see how long the market can rally without QE 4 in place to prop up the market. Here is the link Peter Schiff says QE 4 is coming http://m.youtube.com/#/watch?v=lZBoP2aBbuw
QE = keep feeding grown men breast milk - and they still don't grow - go figure! Consequence? Take him off breast milk and he'll cry like the baby he is. Q.E.D. But the obvious thing they expected was INFLATION!!!!!! DEFLATION? Never! Greatest danger of this QE fiasco? When the Pubic realizes that the FED can't do doodly to STOP the inevitable, that will be the blow to confidence, and money being merely an idea backed by confidence, shattering thereof is what BEAR markets are made of and from ..... AFterLOS October 2014
Peter Schiff's got this concept down pretty damn good ..... but one's gotta go deeper than Peter went ........ If the Fed's stimulus policy has been this aggressive, why is the economy so lukewarm? One of the great mysteries of the post-financial crisis world is why the U.S. has lacked inflation despite all the money being pumped into the economy. The St. Louis Federal Reserve thinks it has the answer: A paper the central bank branch published this week blames the low level of money movement in large part on consumers and their "willingness to hoard money" Mr. FED cannae influence the velocity of money as shown below and the best part is that the FED has this data Money velocity [the rate at which money changes hands] has been making new lows quarter after quarter since Q3 2010. Changes in money velocity are a psychological phenomenon, not a mechanical one. Sliding velocity is a big reason why the Fed has been inflating. The Fed chairmen think inflation will force velocity to turn back up. So far, it hasn’t. Rather, its persistent fall is occurring amidst the Fed’s most aggressive inflationary monetary policy ever. concept repeated: its persistent fall is occurring amidst the Fed’s most aggressive inflationary monetary policy ever Oh yo yo yo oaye!!!!!
That is because the economy is in mode of paying down debt (instead of profit maximization, it is debt minimization).
Exactly. It seems that some people don't understand the deleveraging period. What we are experiencing now is what has historically been known as the lost decade.
You can see all this on a 1-min. chart on demo? No telling what you'd be able to do on a quarterly on annual timeframe chart So genius, dig this and come back to talk to your beloved AfterLOS http://www.economist.com/news/finan...again-economy-has-been-slow-respond-debt-calm
What's your point? That's what happens after a deleveraging period. Lots of people are paying off debt while others are also releveraging a.k.a taking advantage of easy money policies. You're listening to Peter Schiff of all people..a guy who's nothing more than a charlatan who's been wrong on MANY occasions. LOL @ you trying to get personal because you were wrong about AMZN.