Maybe at the 2:00 announcement? So as soon as the economy starts to decline will we get another QE? and another after the next decline? When does it end?
I didn't think Ben would disappoint, BUT QE indefinitely? He'd rather destroy the dollar than have another bear market.
Of course... havent you seen the great recovery we are having? Look at the stock market... the ultimate indicator of the economy!! Doesnt it feel good to see it rising?
An astute observation. I think the reason for never ending is so Gentle Ben can use the tool he has left - (as he said) communicating with the public. Now he can communicate over and over without any tie to reality behind the scenes. He doesn't want to traders to front run his policies but surprise is hard to come by. The numbers coming out on the economy seem to be pure fantasy, but for sure, he knows the true economic numbers. For all of us, I sure hope his gambit works. Is it kind of an admission that the interest rate gun is empty? (Use up all the remaining ammo in one last flair.) Is the US currency system really too big to fail?
I highly doubt this has any chance of ending well. I mean at some point interest rates will have to be raised, which will = disaster. The entire thing is pretty much a train-wreck at this point.
Ben's monetary policy will not make much of a difference with the bad economic policy coming out of DC. But it well help the well off, so maybe that's all Ben cares about until hyperinflation gets going. BTW, I lulzed at this thread.