This one's pretty big.
Posted on 11/01/2014 9:28:33 AM PDT by blam
Julia La Roche
October 31, 2014
The Federal Reserve ended quantitative easing this week. And soon it'll start tightening monetary policy with interest rate hikes.
This is coming as central banks in the rest of the world maintain loose monetary policy or even go as far as to loosen monetary policy further.
All of this is bullish for the US dollar relative to other major currencies.
Business Insider recently asked the smartest people in finance for what they considered to be the "most important charts in the world."
Without hesitation, former global macro fund manager Raoul Pal sent us a long-term chart of the US dollar index.
"The chart of the US dollar is by far and away the most important chart on earth," said Pal who is author of The Global Macro Investor and founder of Real Vision Television. "If we break the trend line we will be entering potentially one of the biggest dollar bull markets in decades, if not ever. This would be the biggest technical break in the history of fiat currencies."
(snip)
(Excerpt) Read more at businessinsider.com ...
Too many “ifs” to make me comfortable. Pandora’s box has been opened and we have yet to realize the full import of it one way or the other. I get the sense that governments are ready to screw the pooch, no matter the harm from all the flailing about, because they all want the same thing - absolute power over their subjects. When the trap finally snaps shut, it will be on the necks of the middle classes around the world.
They have been falsely pumping it up for 6 years,
Now they are prepping to blow it all up when the R’s gain control.
"Republicans Seize Control of Senate and Six Years of Booming American Economy Comes Crashing Down"
Jeez it’s like clockwork.
What if the Republicans fail to gain control? Is there a way they can "undo" this, or is it already committed?
Thanks for posting this. Our Fed has seemed to run out of bullets, but they did that three time before and pulled new bullets out of their a$$!
The desperation move by the Japan central bank to devalue their currency and advantage their exports and disadvantage ours and the EUs (again) continues the world trade war death spiral. The Germans still refuse to play along!
Now that the fundamentals of business have been regulated, they cut off the spigot of fund raising.
Businesses have been whores lead by executives only raising funds without substance, corrupted by government
This one's pretty big.
Ping for later.
The bubble is always biggest before it bursts.
If the Japan bubble bursts, we should have another round of fiat currency expansion that cannot be contained by the other central banks.
Here in Massachusetts, there is an effort to put in a very large natural gas pipeline. Now, on the one hand, better distribution of a truly American resource is likely a good thing for the economy, and as a capitalist, it is something that I would tend to support. However --
The pipeline will pass through a lot of private property. Just about all of the property owners do not want the pipeline. TOO BAD!! This is America -- you don't have property rights. You can't stop the pipeline -- you're just a peasant.
The pipeline will pass through many Massachusetts towns. Just about all of the towns have taken votes and overwhelmingly opposed the pipeline. TOO BAD!! This is America -- you don't have municipal rights. You can't stop the pipeline -- you're just a local government.
NOTE: This is not a federal project. It's not a highway. It' something so that a private business can make some money.
I like energy.
I like private business.
I like profit.
The fundamentals of politics and economics have been changed so much that the Fascist collusion between Big Government and Big Business becomes awkward to oppose, because -- superficially -- it looks kind of like what conservatives have always wanted. But it isn't.
Everything has changed. The whole nature of business has changed. No one behaves in a free market manner -- it's not supply and demand. It's all about political pull. That's the only skill you really need. And we're reaching the point where that isn't enough.
"Here you go kid - Go get yourself a couple of carrot sticks."
Japan Just Boosted QE And The Nikkei Exploded To A 7-Year High
I think the R’s will win even if they don’t run LOL
Remember Romney? So electable that he won lost in an amazing flash of glory ball of flame and with a whimper, licking the hand of Obama.
I no longer doubt the astounding ability of the GOP to snatch defeat from the jaws of victory.
I’m not taking a side either way on the pipeline, but I will say this. The pipeline is a utility similar to the electrical grid, we all enjoy electricity and the rights of way the National Grid uses for bulk power transmission were once private property too. Some in the Berkshires opposing the pipeline may feel differently about their decision when they are shivering in the dark because dwindling generating resources cause rolling blackouts or there is another ice storm in Canada and Hydro Quebec can no longer make up for our own lack of energy resources.
What people fail to realize is how much base load generation New England has lost between coal plant closures and the closing of VT Yankee that has yet to be felt as they are just now ramping down generation to cold shutdown in Jan.
True enough but I think the Dems do not want it anymore.
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