Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
No doubt that one day in the markets prove whatever point it is you want to make. Let's let it stop and then we will see. Some are saying that it is never going to end.
If you think about this, it's exactly the opposite of what is being claimed. The markets were told that the Fed will continue pumping 75 billion a month. The concerns were that they would end it. Why wouldn't the markets party on?
The same ignorant folks saying "it is never going to end" were the ones' saying the Fed wouldn't even pare it back - that the FED didn't DARE because it would crash the market and the economy.
Those folks were wrong about BOTH of those things - just as they are wrong about nearly everything ELSE they've claimed.
The winding down of QE has started. That process WILL continue. QE will be gradually pared down - probably by $10B/month at a time. It may take a year, it may take 2 years, but it WILL end - and guess what? It WON'T crash either the market OR the economy - for the simple reason that's QE has NOT been all that propelled both.
"It is not the responsibility of the Federal Reserve – nor would it be appropriate – to protect lenders and investors from the consequences of their financial decisions."
The same ignorant folks saying "it is never going to end" were the ones' saying the Fed wouldn't even pare it back - that the FED didn't DARE because it would crash the market and the economy.
Those folks were wrong about BOTH of those things - just as they are wrong about nearly everything ELSE they've claimed.
Because if you say it happened on the internet, it must have happened.
Quote:
The winding down of QE has started. That process WILL continue. QE will be gradually pared down - probably by $10B/month at a time. It may take a year, it may take 2 years, but it WILL end - and guess what? It WON'T crash either the market OR the economy - for the simple reason that's QE has NOT been all that propelled both.
Ken
So why would the markets bail now? Bernanke said "Party on", why wouldn't the markets?
"It is not the responsibility of the Federal Reserve – nor would it be appropriate – to protect lenders and investors from the consequences of their financial decisions."
Because if you say it happened on the internet, it must have happened.
So why would the markets bail now? Bernanke said "Party on", why wouldn't the markets?
Again, what's your point?
The wingnuts and goldbugs were DEAD WRONG about the affects of QE - just as they were DEAD WRONG that the economy is not recovering.
Better him than the wingnuts.
THEY would lead the country to disaster.
The steps being taken to bring about recovery are working.
It's a slow recovery, but it's still a recovery - and it WILL continue.
Considering the economic competition the US faces from overseas cheap labor, I'll take it.
Again, what's your point?
The wingnuts and goldbugs were DEAD WRONG about the affects of QE - just as they were DEAD WRONG that the economy is not recovering.
Because if you say it happened on the internet, it must have happened.
So why would the markets bail now? Bernanke said "Party on", why wouldn't the markets?
If QE is propping up the market then less QE would lead to a lower market, not a higher one.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
