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The Fed is out of bullets...a classic Liquidity Trap...they attempt to hold down rates with QE2, but rates are rising and will continue to rise.
1 posted on 04/27/2011 10:14:36 AM PDT by demsux
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To: demsux

Hold Steady? Is this the same “steady” while our dollar is plummeting? Oil prices are skyrocketing? The debt is out of control? Inflation is slapping us?


2 posted on 04/27/2011 10:22:28 AM PDT by tobyhill
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To: demsux
Followup article:

Fed holds rates, bond-buy plan ahead of conference

4 posted on 04/27/2011 10:27:55 AM PDT by Free Vulcan (Vote Republican! You can vote Democrat when you're dead.)
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To: demsux

Stick to the REALLY important issues like the Birth Certificate.


5 posted on 04/27/2011 10:34:17 AM PDT by PSYCHO-FREEP (Patriotic by Proxy! (Cause I'm a nutcase and it's someone Else's' fault!....))
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To: demsux
The Fed gave itself flexibility by adding that it would "adjust" its holdings of Treasurys and mortgage-backed securities as needed.

Here's the money statement. Just as I surmised last week. The Fed declares "victory" over the "improving" economy, says no more QE is needed after #2, and then as soon as the economy and the markets take another downturn from no longer being pumped up, the Fed will call it something else, but it will in fact be more QE whether it's QE2.1 or QE3.0.

7 posted on 04/27/2011 10:56:16 AM PDT by OB1kNOb (Our new state slogan: “Welcome to Arkansas. TAKE COVER !”)
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To: demsux

11 posted on 04/27/2011 11:23:49 AM PDT by Atlas Sneezed (...a.k.a. "Norm L. C. Bias")
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To: Stillwaters
The Federal Reserve's Federal Open Market Committee released their economic report today, following which Bernanke gave his first ever news conference, including Q & A. During his news conference, the price of gold quickly shot up $18 and has now closed up $22.40.

Something about all of this disturbed Rush Limbaugh enough today, that in a very unusual move, he announced he's taking the next few days off to study deeply what is going on and where we are. His last comment was: "People are lying to us."

Keep a watch on this. Something's up.

15 posted on 04/27/2011 1:23:17 PM PDT by lonevoice (Where the Welfare State is on the march, the Police State is not far behind)
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To: demsux
QE2 to end on schedule

So when does QE3 begin? Without QE3, the government runs out of money regardless of whether they raise the debt ceiling. Being legally able to borrow is one thing. Having people actually lend you money is something else. And right now, no one is lining up to lend the US any money at current interest rates. No one.

30 posted on 04/27/2011 2:55:39 PM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: demsux

The Fed takes care of its special friends without any check and balance or accountability to the people. They hand out free money to anyone in their cabal and it dilutes the value of the dollar for all. Google the “Wives of Wall St” for a small example of their corruption.

They don’t want Americans buying US debt. They want other central banks holding our debt. They want Americans buying international corporations and sending capital off shore while enriching the bankers.

The Fed is a privately owned un-Constitutional entity that usurped the powers of Congress. It is owned by the same banks it bailed out.


40 posted on 04/28/2011 7:18:54 AM PDT by apoliticalone (Conservatism is about putting the USA first, not international bankers and corporations)
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