• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Fed Announces New Round of Bond Buying to Spur Growth

Print more money!

If the Treasury would just print like 136 trillion new 100 dollar notes and give them to the banks with no interest loans then the US could pay its debts and all will be good.

I encourage the US treasury to print as much as it can and that way there wont be any need for any more QE stuff, we just print it all in one final run and pay off all the debt and then it will all b e good

after all isn't that how all Ponzie schemes work until they are exposed and crash?
 
My point was to highlight the credibility of such 'economists'.

I see, so we are to rely on the gut of the ill-informed electorate rather than educated and experienced economists? Should we fire them all?

Your Economist article that you used as evidence for some point, did point out that we were in a housing bubble. Albeit, the Economist is a news magazine, but presumably the article was authored by someone knowledgeable on economics who interviewed economists in the process of writing the article. The precarious nature of the housing bubble was not an unknown thing. Its just the politicians that refused to do anything about it.

Yes, economics is a complex soft science, but there is a science to it. Making fiscal and monetary policy without the advice of economists is just foolhardy.
 
ok Tim, what's the amount you are willing to wage that effective 11/01/12 average gas price will be no less than $5.50 per gallon? how about we wager the cost of 10 gallons as of 11/01/12 (using that average USA price per gallon of unleaded regular); you can select the cite that will establish the benchmark price
if i win, make the funds payable to this forum before 12/01/12

I'll take that bet, however I said at or darn close so let's split the difference, how about we say $5.25? Deal, and if you lose the same goes for you. 10 gallons at the price as of November 1st, 2012. to donate to DP.

Tim-
 
I'll take that bet, however I said at or darn close so let's split the difference, how about we say $5.25? Deal, and if you lose the same goes for you. 10 gallons at the price as of November 1st, 2012. to donate to DP.

Tim-


agreed
.........
 
So now the Fed has said they will operate QE and low interest rates forever (forget the unemployment rate dropping enough to satisfy them - it will not happen now that QE is virtually permanent).

America, as we know it, is now doomed.

The days of the U.S. dollar as the world reserve currency are now numbered.

Inflation is coming. It is already starting. Forget the government skewed numbers. Look for yourself. It is starting and it - like a cancer - will keep growing, slowly, quietly.

Buy gold, silver, commodities (especially agricultural), possibly certain types of real estate and solid stocks that are inflation-proof.

Everything else is now guaranteed to be a lousy investment in the long term (though short term they may do well).

The Fed (and the government that stacks the Fed) has now sealed America's economic fate - the economy WILL collapse.

Probably slowly. Maybe very slowly. But it is now inevitable (assuming the Fed does what it says - and it almost always does).

Buy hard assets and inflation-proof equities/real estate.

And get OUT of U.S. dollars.


Don't say I did not warn you.


Have a nice day.
 
Bernard and the fed have exhausted every thing they can do. It's up to congress to see to it that this recovery revs up again.
 
i'm exceptionally uncomfortable with expansion of QE.
So is Egan-Jones:

US Credit Rating Cut by Egan-Jones ... Again
Ratings firm Egan-Jones cut its credit rating on the U.S. government to "AA-" from "AA," citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country's credit quality.

In its downgrade, the firm said that issuing more currency and depressing interest rates through purchasing mortgage-backed securities does little to raise the U.S.'s real gross domestic product, but reduces the value of the dollar.



US Credit Rating Cut by Egan-Jones ... Again - US* Business News - CNBC
 
So now the Fed has said they will operate QE and low interest rates forever (forget the unemployment rate dropping enough to satisfy them - it will not happen now that QE is virtually permanent).
that was not what i read
my take was that for an indefinite period, the fed is going to buy mortgage bonds
while i don't see the benefit of this action for main street, there is no need to misrepresent the fed's intentions

America, as we know it, is now doomed.
ok. answer a simple question. in what other country would you rather have your equity reside?

The days of the U.S. dollar as the world reserve currency are now numbered.
not at all. at one time, the euro was a contender. after what has happened recently across the pond, it will be a while before the euro again gains prominence
what other currency do you propose to replace the US dollar as the world's dominant currency?

Inflation is coming. It is already starting. Forget the government skewed numbers. Look for yourself. It is starting and it - like a cancer - will keep growing, slowly, quietly.
while i agree that the printing of $480 Billion annually to cover the projected bond purchases will be inflationary, let's examine the size of that infusion relative to a $15 Trillion economy: it's 3.2%. doesn't seem to be of such a scale to warrant the panic you are experiencing

Buy gold, silver, commodities (especially agricultural), possibly certain types of real estate and solid stocks that are inflation-proof.
what i notice is the ratcheting up of gold and silver values when the world's economy is unpredictable. as the economic future becomes more calm do you really think precious metals are going to hold their value
real estate is a mixed bag. property in strong locations is appreciating. run of the mill properties should be avoided because the supply exceeds foreseeable demand. well situated rental properties would be wise investments because many who can qualify for mortgages are not buying as they see average homes as unlikely to experience appreciation and those who cannot qualify need a place to rent

Everything else is now guaranteed to be a lousy investment in the long term (though short term they may do well).
you tell us to buy metals. commodities, real estate and equities. what is everything else ... the things you insist will tank

The Fed (and the government that stacks the Fed) has now sealed America's economic fate - the economy WILL collapse.
really, buying mortgage bonds at the rate of $40 billion monthly for a while is going to topple a $15 Trillion economy? i don't see it

Probably slowly. Maybe very slowly. But it is now inevitable (assuming the Fed does what it says - and it almost always does).
why would the collapse of the nation's economy not be expected to happen quickly but only over a protracted period?

Buy hard assets and inflation-proof equities/real estate.
i collect/trade in high end musical equipment. prices are down substantially from before the crash and show no signs of strengthening. so, i'm uncertain what hard assets you are referring to as being desirable investments at this time

And get OUT of U.S. dollars.
the dollar is king right now
what other currency is out-performing it?

Don't say I did not warn you.
appreciate the heads up


Have a nice day.
that too
 
Back
Top Bottom