This guy posts lots of convincing charts that the Fed should NOT do QE3 and should INCREASE the Fed funds rate. It's all politics with Bernanke, the Politcal Fed Chair.
To: whitedog57
The Left (in Europe and in America) is being pretty consistent in their message —
“Spending less (austerity) is the quickest way to get deeper into debt. On the other hand, if you want to balance your budgets and recapitalize your banks, the best strategy is to spend a lot of money you don’t have.”
They say this sort of thing a lot lately — sometimes I think they really believe it.
2 posted on
06/09/2012 9:40:44 AM PDT by
ClearCase_guy
(Obama needs more time. After all -- Rome wasn't burned in a day.)
To: whitedog57
If QE3 is done, the only motive would be to (try) to help Obama politically. Bernanke should be fired.
3 posted on
06/09/2012 9:42:04 AM PDT by
Signalman
( November, 2012-The End of an Error)
To: whitedog57
Sorry, I am not up on the millions of acronyms. QE is ???
4 posted on
06/09/2012 9:42:18 AM PDT by
theDentist
(FYBO/FUBO; qwerty ergo typo : i type, therefore i misspelll)
To: whitedog57
9 posted on
06/09/2012 10:03:28 AM PDT by
Errant
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