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Print up more money we don't have to throw away. As I pointed out in an earlier thread the fed is already pumping money into euro banks now they want even more through QE. This insanity won't end.
"Investors are now looking to the US Federal Reserve to help by restarting quantitative easing. The Fed meets on Tuesday and Wednesday to discuss the state of the economy and may decide to undertake more stimulus.
Italy follows Spain, Ireland, Portugal, Cyprus and Greece as euro-region countries having their credit rating cut this year."
Print up more money we don't have to throw away. As I pointed out in an earlier thread the fed is already pumping money into euro banks now they want even more through QE. This insanity won't end.
Maybe you can explain to all of us, how to deal with this crisis. Since the world's top economists are all so dumb.
So all you genius folks who think handing more money to failing banks is a good idea. Spending money we don't have is a good idea? Pouring more money into a fail is a good idea? I guess you all have no problem with starting up Solyndra's all over the country either? Your children and grandchildren will be the ones to pay for this. They should be spitting on your graves when they realize what you've supported.
Now exactly what do your post have anything to do with the subject at hand? Not one post on this entire thread by the obamatrons has anything to with the topic just a bunch of usual I'm smarter than you BS. It's quite obvious you can't defend your leader so this is the pathetic result. Sad adults can't admit they're wrong.
So all you genius folks who think handing more money to failing banks is a good idea. Spending money we don't have is a good idea? Pouring more money into a fail is a good idea? I guess you all have no problem with starting up Solyndra's all over the country either? Your children and grandchildren will be the ones to pay for this. They should be spitting on your graves when they realize what you've supported.
So far the Fed is loaning money on a short term basis to several Euro central banks in conjunction with central banks around the world. This is done to make dollars more available in the Eurozone since folks (banks)have been holding on to them, Swiss Franks and Yen because of the uncertainty in that area.
It's not inflationary since the money will be paid back in a short time period ~3months and this isn't impacting the Fed's balance sheet. Also the risk of default is minimal if not zero since the loans are to central banks not individual banks.
When the Fed goes out into the market and buys bonds and other assets that puts more money into the economy and has the potential to increase inflation in effect quantitative easing.
Yeah paid back. LOL. I'll believe that when I see it. The paper shufflers will be busy.
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