I quoted you verbatim. You now claim you meant something else. I stand by what I said in regards to what you quoted. I'm willing to be polite and call it "crossing signals", but really, you are now talking about something different from the quote I answered. If you feel insulted, then of course I'll apologize to that. I think what you wrote (or rather, what I quoted) is absurd, but it doesn't have to be out of malice.
Woah... excuse me, but I missed this earlier.... I'll ask this in good faith: what does morganist (you) economics have to do with JP Morgan, Morgan Stanley, and Morgan Grenfell. It's fully - I worked for one of the three above, and did serious business with the other two - and I have never heard of Morganist Economics.
Oh man... as a staunch anti-socialist, I resent the accusation that I work for the government (morganist, HELP ME!! I feel insulted), or live on government pay grade. However, if you claim that I'm a shill for the illumantis bent on achieving the One World Order - then okay, I'll take that.
Here is the research I found on QE: The original Japanese expression for quantitative easing was used for the first time by a Central Bank in the Bank of Japan's publications. The Bank of Japan has claimed that the central bank adopted a policy with this name on 19 March 2001.[25] However, the Bank of Japan's official monetary policy announcement of this date does not make any use of this expression (or any phrase using "quantitative") in either the Japanese original statement or its English translation.[26] Indeed, the Bank of Japan had for years, including as late as February 2001, claimed that "quantitative easing ⦠is not effective" and rejected its use for monetary policy So Japan started using this phrase AFTER the FED invented the phrase. Japan was dealing with issues in the 1990s. I have never heard of this guy, but I know that Nomura was tagged twice for insider trading and is referred to as the vampire squid of Japan. Do you have a better proof supporting your thesis than a book on Amazon. This one appears to be fiction.
I was trading in 1990 and there was no talk of QE then. I was trading in 2001 and the big talk from the FED was avoiding the mistakes that Japan made to prevent deflation from taking hold. Please back your statement up with a quote from the FED publically acknowleding they want to do the same policies as Japan as you say above.
Because you didn't dispute what I said and you didn't apologize but tried once again to change/muddle the subject, I will assume you understood exactly what I said. (You have done this more than once in this thread for some odd reason.) Respectfully, I think you should re-read the past posts in this thread.You seem confused a lot about what was really said and tend to answer on what you think was said. If it is unclear, then we can deal with that. I would prefer to discuss the thread and not all the side nonsense. I am sure you are the same way.