Posted on 11/09/2013 12:22:13 PM PST by Attention Surplus Disorder
Bill Still makes the case that given that QE injections ARE COUNTED in GDP growth, and 3Q GDP growth has been roughly $196 billion during the last quarter while QE injections are $85 billion per month or $255 billion. Meaning: The US actually shrunk $59 billion during the last quarter.
http://www.youtube.com/watch?feature=player_embedded&v=qK6ftzkX7xc
Here’s the part I’d like “them” to explain:
If this liquidity injection is so great, why even talk about stopping it. Just run it til it pukes. You’re only tampering with the timing, not the ultimate result.
Changes in GDP measurement create growth out of thin air
The Bureau of Economic Analysis announced last week it would be changing the guidelines with which it calculates Gross Domestic Product, more familiarly known as the GDP, the standard by which the size and growth of the economy is measured.
The change comes after more than five years of economic stagnation that, despite frequent claims of a strengthening recovery, have seen high unemployment and extremely slight growth in the size of the economy.
.. and they do it with the sensuality of hedonism! It's more fun that way.
That is what they are going to do. Bad times coming. Paper money will be worthless, paper assets soon to follow.
Everyone loves a sure thing. Even QEs!
The conclusion is correct, but the info presented in the video is wrong.
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