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Everyone is clueless according to you. It's laughable.
Not everyone, but Idiots at the Fed are. The Fed has nothing to support this bubble but more guarantees not to raise rates. That's what happens when you abandon Keynesian economics and keep rates at zirp the whole time. Those depending on it will eventually face a very grim reality.
That's just more rambling silliness. Every one of the Fed Governors is almost infinitely more knowledgeable about economics and the economy than you are. You are by comparison a total lightweight. Those are the simple facts of the matter.
That's just more rambling silliness. Every one of the Fed Governors is almost infinitely more knowledgeable about economics and the economy than you are. You are by comparison a total lightweight. Those are the simple facts of the matter.
Fed is not only clueless, they are insane as well. The sad fact is rates are rising already without the Fed due to rising risk exposure. If Fed decides now to raise rates it will just get worse. That's what happens when you wait to raise at the end of an economic cycle. Any freshman economists will tell you that waiting to do this shows pure lack of economic skill if not moronic ignorance of all economics as a field of study.
Nice run for the King Dollar today.
Long live the strong Dollar!!!!!
Only strong dollar will get us out of this mess. It will be very painful, but please understand that this is the only way back to normal economic growth, normal economy. We have to go thru the Dark Forest of Deflation and in our case now Great Depression first.
A strong dollar hurts exports and encourages imports. That's why China and other entities are trying to lower the value of their currencies. Yes, it does increase investment. At some point the trade disadvantage outweighs the investment advantage. I don't know what point that is.
QE has been done for close to a year now and was in decline for almost a year before that so don't let facts get in your way of made up details
Wrong, QE lives, as the Feds use to $100 billion dollars it receives on interest on the $trillions of dollars of bonds that it bought with its printing machine, to "reinvest" in bonds.
Fed is not only clueless, they are insane as well. The sad fact is rates are rising already without the Fed due to rising risk exposure. If Fed decides now to raise rates it will just get worse. That's what happens when you wait to raise at the end of an economic cycle. Any freshman economists will tell you that waiting to do this shows pure lack of economic skill if not moronic ignorance of all economics as a field of study.
They are not clueless. They are Bankers who are not only making themselves unimaginably wealthy but also incredibly all powerful with their money printing press machine. Mission accomplished!
That's just more rambling silliness. Every one of the Fed Governors is almost infinitely more knowledgeable about economics and the economy than you are. You are by comparison a total lightweight. Those are the simple facts of the matter.
It doesn't take much economic knowledge to print money for oneself and one's cronies. It only requires despicable Quislings who sell out their country for their own benefit.
Since mid 2014 I'M LONG US DOLLAR and SHORT EMERGING MARKETS, SHORT CHINA, SHORT OIL, SHORT COMMODITIES, long SRS = ultra short real estate, short US STEAL.
Cash is king and is getting to be even more so as the market weakens.
Long Live The Strong Dollar!!!!
The Fed knows that strong US Dollar is a Great Deflation Machine.
The weak dollar fuels global inflation and the debt bubble grows when the dollar is weak. So no wonder the Fed has been trying to kill the dollar with three rounds of QE and ZIRP.
But now the party is ending and Dollar is getting its vengeance. It is dismantling stocks, dismantling oil and the commodities, slowly dismantling multinational corporations by diluting their earnings. Brick by brick, company by company, the Great Recovery funded by FED spending of future taxpayer money is slowly coming apart at the seams.
The STRONG US Dollar is the only thing that can save us from the horrible manipulations of the FED. I favor the strong dollar even thought it will deconstruct the world we have been trying so hard to preserve by stealing trillions of dollars from the future. The strong dollar will bring hardship. Hardship will bring (eventually) a recovery, REAL RECOVERY, because it will destroy the Debt Monster that we have build in the last two decades, and which we are worshipping now as if any disruption to our debt structure will cripple us forever. In truth, it is the debt structure we are now carrying that will cripple us for ever.
Long live the Strong Dollar!!!!!
A strong dollar let's savers buy things in a prudent manner. It makes goods and services available and wealth of production in the hands of those who built it.
Anyone who has lived in a country with a devalued currency as is recent my occurring in Russia, Argentina, Brazil Canada, Europe etc. knows that goods and services are in very short supply and wealth of production are being lost to foreign buyers. These countries are in a serious long term downward trajectory because the value of their currency has been decimated and all further "expansion" relies on more and more debt. Ultimately the debt will no longer be serviceable. Look at what the ECB is doing to countries like Spain, Portugal, and Greece. Totally destroying them!
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