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.
Yes, QE was used to reinflate the housing bubble that caused the irrational rise to over $100 in the first place. It's not going to end. At best it's called something else.
Yeah, see you're already backing away from your claim that QE is propping up commodity prices now that the end of QE is in sight. Your "It's not going to end. At best it's called something else" statement is just cowardly bullsh*t. QE is a VERY SPECIFIC thing - and as such it's EASY to tell if it's ended. Come on, man up. Stand by your prediction.
Yeah, see you're already backing away from your claim that QE is propping up commodity prices now that the end of QE is in sight. Your "It's not going to end. At best it's called something else" statement is just cowardly bullsh*t. QE is a VERY SPECIFIC thing - and as such it's EASY to tell if it's ended. Come on, man up. Stand by your prediction.
Ken
LOL....it makes no difference what the government calls it. They will continue to pump the markets or commodities will fall.
There are no fundamentals in this economy that justify's 17,000.
LOL....it makes no difference what the government calls it. They will continue to pump the markets or commodities will fall.
There are no fundamentals in this economy that justify's 17,000.
See. Now that the end of QE is in sight, you just back way. The fact that you seem to think that everything is somehow QE pretty much proves you don't even understand what QE actually IS.
As I said, QE is very specific - and as such it's easy to tell when it ends and trying to weasel your way out of your previous comments won't change that.
Ken
PS - you Do know don't you that the 17,000 number is the STOCK MARKET right - and NOT commodities.
Do you even know what commodities are?
Apparenty not.
Why am I not surprised.
Your reasoning contains the straw man fallacy whenever you attribute an easily refuted position to your opponent, one that the opponent wouldn’t endorse, and then proceed to attack the easily refuted position (the straw man) believing you have undermined the opponent’s actual position. If the misrepresentation is on purpose, then the straw man fallacy is caused by lying.
[emphasis mine]
So....what, you just say a prayer over a barrel of oil and it transmutes into gasoline?
Only a small part of the price of a gasoline of gasoline is related oil prices.
Quote:
Originally Posted by Casper in Dallas
He hasn't and does not have any plans to do so, so much for your SPECULATION
EPA Tier 3.
Bush signed off on it, but it had final approval during Obama's reign.
So...how do you reduce 65,000 ppm Sulfur to 15 ppm?
Does Obama sign an EO or is done by telekinesis?
Do you understand that because of federal law, and EPA regulations you are exporting gasoline....and simultaneously importing gasoline.
Obama could sign an EO allowing raw Fracked Oil to be exported, and that would increase the gasoline supply and lower gasoline prices.
Or Obama could waive EPA Tier temporarily.
If you want to increase the gasoline supply -- which will reduce the price of gasoline -- then the easiest thing to do is for Obama to grant a waiver allowing garbage oils to be exported.
Quote:
Originally Posted by Lowexpectations
What world wide cartel are you speaking of? OPEC surely has done a poor job historically propping oil price up
Yes, indeed.
Propaganda lives long and dies hard.
A few years ago, I posted the prices of oil from the EIA web-site proving beyond any reasonable doubt that OPEC oil prices were far lower than oil from non-OPEC States.....
...and still the dumb-tards were screaming, "OPEC controls oil!"
There are many programs that the government didn't disclose that did the very same thing...
No there's not. That's just ignorant bullsh*t - but I'll tell you what, if you think there are, tell me what they are. What other "programs" are quantitive easing?
Quote:
Originally Posted by pknopp
...A bad thing is a bad thing even if you call it good.
And bullsh*t is bullsh*t even if you think it isn't.
Ken
Last edited by LordBalfor; 07-14-2014 at 06:55 PM..
A lot of these figures are disingenuous at best or ignorant if not. If I borrow the same 10 billion every day over the course of a year or more the total figure loan balloons when really 10 billion was at risk. One year of this for one bank would be 2.6 trillion alone. I'd also like to see where the 90-100 billion overnight figures came from
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.
"