bubble bubble toil and trouble

[Good4Nothin]

The Fed is trying to re-inflate the stock market bubble, with their huger than ever quantitative easing. Magic money, created out of thin air.

 

[Drawdown]

The Fed is trying to re-inflate the stock market bubble, with their huger than ever quantitative easing. Magic money, created out of thin air.

If the democrats won't get on board with stimulus, then the fed will just give that trillion dollars to Wall Street. Schumer and Pelosi do love themselves some stock bargains.

 

[Good4Nothin]

Need trillions of dollars? No problem, the Fed will just do its magic.

 

[jamesbyoung]

Don't understand economics, righties, well, that's Ok, because everybody else does.

 

[Good4Nothin]

Don't understand economics, righties, well, that's Ok, because everybody else does.

Well I am not a "rightie" first of all. But yeah I understand "leftie" economics. Need money? Just make some. No one will know the difference. Except, eventually, they will.

 

[less right]

The Fed is trying to re-inflate the stock market bubble, with their huger than ever quantitative easing. Magic money, created out of thin air.

The Fed is doing for the Trump economy what Daddy Fred used to do for D. Trump businesses. It's a proven strategy in Trump's mind.

 

[element94]

The Fed is doing for the Trump economy what Daddy Fred used to do for D. Trump businesses. It's a proven strategy in Trump's mind.

Then he'll trash the company, er country, and walk away.

 

[Good4Nothin]

The Fed is doing for the Trump economy what Daddy Fred used to do for D. Trump businesses. It's a proven strategy in Trump's mind.

They did this when Obama was president also. You can't always blame Trump for everything. Although, yes he is guilty of being as much of an asshole as Obama was.

 

[less right]

They did this when Obama was president also. You can't always blame Trump for everything. Although, yes he is guilty of being as much of an asshole as Obama was.

And what did Obama do? The rest of his administration he worked to reduce our deficit and he did reduce the deficit.

Trump says that will be done in his second term. His personal financial history doesn't provide encouragement on that front.

 

[Good4Nothin]

And what did Obama do? The rest of his administration he worked to reduce our deficit and he did reduce the deficit.

Trump says that will be done in his second term. His personal financial history doesn't provide encouragement on that front.

Obama bailed out the big banks. Didn't hear any complaints from you Democrats about that. And during his administration unprecedented money creation started. And here we go again. Because Democrat or Republican doesn't matter -- they are all reckless and short-sighted about the economic system.

 

[less right]

Obama bailed out the big banks. Didn't hear any complaints from you Democrats about that. And during his administration unprecedented money creation started. And here we go again. Because Democrat or Republican doesn't matter -- they are all reckless and short-sighted about the economic system.

Bush bailed out the banks with TARP.

 

[Good4Nothin]

Bush bailed out the banks with TARP.

Continued with Obama. And Obama did nothing to punish any of the rich powerful bank criminals.

 

[jamesbyoung]

Well I am not a "rightie" first of all. But yeah I understand "leftie" economics. Need money? Just make some. No one will know the difference. Except, eventually, they will.

Better tell Trump, bubba.

 

[jamesbyoung]

They did this when Obama was president also. You can't always blame Trump for everything. Although, yes he is guilty of being as much of an asshole as Obama was.

Trump and his supporters are bigger buttholes than Obama, yes.

 

[Good4Nothin]

Trump and his supporters are bigger buttholes than Obama, yes.

Doesn't matter which is bigger. Both did/are doing stupid irresponsible things.

 

[jamesbyoung]

Doesn't matter which is bigger. Both did/are doing stupid irresponsible things.

Obama, not really. Trump, indeedy doody.

 

[Helix]

Well, at least our toilet paper problem will soon be solved. Which denomination is least likely to cause chafing?

 

[Good4Nothin]

Obama, not really. Trump, indeedy doody.

Obama not really? Why not? Because you're a Democrat and Democrats can't ever do anything wrong? Rewarding the thieves who nearly destroyed the world economy was ok, as long as it was a Democrat?

 

[Idontbelonghere]

The Fed is trying to re-inflate the stock market bubble, with their huger than ever quantitative easing. Magic money, created out of thin air.

You might as well have typed this in Mandarin.

Progressives do not understand economics. They understand fear, and in their cowardice are quick to serve any master who promises to take care of them. Political party is irrelevant.

 

[Idontbelonghere]

Don't understand economics, righties, well, that's Ok, because everybody else does.

Then I’m sure you won’t mind a short little test? We’ll just start with the simple stuff.

Does money=wealth or does money=debt?

 

[Idontbelonghere]

Well, at least our toilet paper problem will soon be solved. Which denomination is least likely to cause chafing?

As far as I’m concerned, you’re the winner of this thread!

:lamo:lamo:lamo

 

[less right]

Continued with Obama. And Obama did nothing to punish any of the rich powerful bank criminals.

No, but he stopped them from using the money for bonuses.

 

[Northern Light]

It's not about the actual value of the printed money, it's about the confidence that it inspires in the market. The economy is pure psychology, which you have to understand if you really want to understand the markets. If people expect prices to go lower, they will pull out their money and wait for a lower buy-in opportunity; but the act of waiting for a lower price drives the price lower. By stimulating the market with funds, prices will rise and people will start buying in simply because they don't want to feel left out.

The federal debt is quite irrelevant. They could print a quadrillion dollars tomorrow and it would be fine. They are borrowing nothing from nothing, but the appearance of it gives people faith in the economy and then the economy increases.

They are trying to influence behavior. It's the behavior that increases value, not the printed money.

My critique is that it's probably not going to work long term unless they can solve the virus problem and the oil crisis. There are massive layoffs happening and we haven't even seen the quarterly reports yet. Prices will drop once they do. The people aggressively buying into the stock market right now are due for a rude awakening once the quarterly reports come out and the fundamentals are adjusted to a lower equilibrium. The whole reason for the stock crash is that it was a massive correction from years of aggressive credit spending on the markets, inflating stocks to unreasonable values. Now people are at it again, in the middle of a crisis no less.

The 2008 crisis was due to insolvent lending and a housing bubble: human made problems. The virus is a force of nature. I don't think stimulus funds will correct this.

 

[Slartibartfast]

Obama bailed out the big banks. Didn't hear any complaints from you Democrats about that. And during his administration unprecedented money creation started. And here we go again. Because Democrat or Republican doesn't matter -- they are all reckless and short-sighted about the economic system.

You don't remember the 99%er movement?

 

[Good4Nothin]

You might as well have typed this in Mandarin.

Progressives do not understand economics. They understand fear, and in their cowardice are quick to serve any master who promises to take care of them. Political party is irrelevant.

So we are getting more massive shots of heroin, just what every addict wished for.