Skip to comments.
Fed says economy too weak to begin taper
MarketWatch ^
| October 30, 2013
| By Greg Robb
Posted on 10/30/2013 11:45:36 AM PDT by Oldeconomybuyer
The Federal Reserve decided Wednesday to hold monetary policy steady, saying that conditions remained too weak to pull back from its bond-buying program.
By a vote of 9 to 1, the Fed decided to maintain the pace of its monthly asset purchases at $85 billion-a-month.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: ecnonomy; failure; fed; obamanomics
Navigation: use the links below to view more comments.
first previous 1-20, 21-24 last
To: Oldeconomybuyer
Anyone know what percentage of the debt is being bought by the fed right now?
(BTW: I can’t post anymore at lunch from the Air Force base, they have blocked the reply function)
21
posted on
10/30/2013 2:01:14 PM PDT
by
RadiationRomeo
(Step into my mind and glimpse the madness that is me)
To: Oldeconomybuyer
Gee, it seems like the economy has sucked since 2008.
What happened in 2008? Hmmmm....
22
posted on
10/30/2013 2:05:54 PM PDT
by
St_Thomas_Aquinas
( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
To: MrB
-— Move your wealth out of savings and into assets.
Prepare yourself for economic collapse. -—
Sage advice. The timing is the kicker.
23
posted on
10/30/2013 2:08:11 PM PDT
by
St_Thomas_Aquinas
( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
To: Common Sense 101
The Fed is stating that their intervention, which was allegedly intended to strengthen/bolster the economy and has not worked in the last five years, must continue to strengthen/bolster the economy? Yes. Prices must rise till the economy collapses and we can blame it on not enough inflation,
24
posted on
10/30/2013 3:49:36 PM PDT
by
BfloGuy
(The final outcome of the credit expansion is general impoverishment. [Ludwig Von Mises])
Navigation: use the links below to view more comments.
first previous 1-20, 21-24 last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson