Captain Ben to the $$$$ printing office "run them 24x7 until we say stop" Impact on dollar is also going to hit many foreign economies.....guess where 60% of US company earnings now come from! Oil up, dollar down, This is going to end extremely badly. Sometimes the right thing to do is the exact opposite.
good if you make oil, good if you export, if you don't do one of those two things you are kind of a parasite on the economy
I propose that the title of this thread is inaccurate. It should be -when will the iphone 6 rumors start! http://www.zerohedge.com/news/dr-kevin-and-mr-warsh-former-fed-governor-exposes-fed "Last year, the Federal Reserve bought 77% of all of the debt that Tim Geithner issued. " (OMG!, what is it this year?) For a new stimulus program, could Gentle Ben buy up every newly created iphone creating a huge shortage and boosting the world economy? Could he drop iphones from helicopters perhaps? I feel sorry for GB and wish him well.
guys, i just realised. there is never going to be QE4. Why do you need QE4 when you have QE-Infinity!
Yes but what happens when buying mortgage bonds is ineffective? There are so much more things to buy when the money is free I cant wait for the day when he says he will buy the S&P futures... forever!! That will be the ultimate QE!!
QE3 is really QEUnlimited. http://danielamerman.com/articles/2012/QE3C.html Note/disclaimer: I don't know anything about the guy who wrote this. I'm not promoting his products or services as I know nothing about them. But he has some good points in the article.