Posted on 10/29/2014 11:04:36 AM PDT by Oldeconomybuyer
The Federal Reserve on Wednesday voted to end the last leg of its bond-buying stimulus program, cutting purchases of Treasury's and mortgage-back securities to zero from $15 billion starting on Nov. 1. The central bank also sounded more upbeat about the labor market and said it doesn't expect falling energy prices to hold inflation down in the long run. For the first time, the Fed explicitly said it could raise interest rates sooner than markets expect if the economy grows faster than the bank projects.
(Excerpt) Read more at marketwatch.com ...
gotta trigger a worldwide economic collapse before that election, dontcha know...
Have to get the snowball to the top of the hill. So it can be pushed over after the d-rats lose control.
Then it’s the R guy’s fault.
Idiocracy. I don’t want to sail with this ship of fools no more.
Centralized planning in front of our eyes.
Oh, they’ll attempt to keep their members flush with funds to prop up the equities markets so that retirement accounts can stay afloat.
But the short term will be very volatile.
I agree. The timing of this is blatantly political.
Are you suggesting such a collapse would benefit Obama? Pretty sure a worldwide economic collapse before the election is the last thing Democrats want right now.
They'll reverse course as soon as the election is over.
Will crash the market and is about time to curtail that give away of our taxes.
centrally controlled interest rates and fiat money are the basis of progressive control of government
Think out beyond next week’s election.
One thing the d-rats have is unity and motivation to their evil goal. Never heard of a DINO.
The R party is a spineless waste of space. They’re just as bad from inaction. What’s that about evil being successful when good men do nothing?
...as justification for Martial Law and suspension of the election didn’t occur to you?
Yeah, I’m sure there’s been a grand conspiracy to cause a worldwide economic collapse so the elections can be suspened to prevent *itch McConnell from becoming majority leader. That would be such a drastic change. I mean think about it. They’ll have firebrands like Tom Tillis and Bill Cassidy in there backing up conservative stalwarts like Lindsey Graham and Tad Cochran, all of them led by a fearless *itch McConnell! That must be stopped at all costs, lest liberalism be banished from the political sphere for a generation!
The Fed has been saying they’re going to do this for a while now. Of course, they said that after QE1 ended. And again after QE2 ended...
But then again, Bernanke did just come out today and recommend buying gold, so is this when the music actually stops? Who knows...
There is precisely zero chance that is going to happen.
And at least so far the markets seem to be shrugging it off.
Here comes the interest rate increases.
Gold and silver are tanking. Looks like a buying opportunity.
Don’t worry the Fed has opened alternative corridors to hide the printing of Zimbabwe bucs through Belgium.
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.