1 posted on
02/07/2011 9:24:33 AM PST by
FromLori
To: FromLori
Oh, ok that’s good enough for me, move along people nothing to see here,
To: FromLori
Well... I sure as heck didn't cause it!
3 posted on
02/07/2011 9:26:44 AM PST by
BibChr
("...behold, they have rejected the word of the LORD, so what wisdom is in them?" [Jer. 8:9])
To: FromLori
-—But for Bernanke to say that inflation is not his fault is just nonsense.-—
That's putting it quite mildly.
5 posted on
02/07/2011 9:29:43 AM PST by
MichaelCorleone
(Sarah Palin is America's Margaret Thatcher)
To: FromLori
"Look boys, I'm giving you $600 billion, but you must lend it to U.S. businesses to stimulate our economy. None of this money is to be used for speculation or gambling in the markets."That's the way the Chinese do it. It just causes speculation in the lending markets. That might be better, but let's be realistic--forced loans to designated sectors of the economy eventually lead to bad loans in those sectors.
To: FromLori
I would be to blame, but I only had a couple of reams of paper when I was counterfeiting money performing do-it-yourself quantitative easing.
7 posted on
02/07/2011 9:32:22 AM PST by
KarlInOhio
(Washington is finally rid of the Kennedies. Free at last, thank God almighty we are free at last.)
To: FromLori
Bernanke's fatal mistake was that he placed 'no restrictions' on what the banks would do with his $600 billion..... If you opened the banks' books, you can bet that they've invested in commodities, currencies and foreign equities and bonds. We know this is the case as banks tightened their loans for business and private investments...plus just following the banks investments since then shows they had no intention of loosing their belts to the common man...rather saw a hand out and ran with it on the world sstage, and continue to do so today.
8 posted on
02/07/2011 9:33:25 AM PST by
caww
To: FromLori
I don’t think it matters whether they speculate with it, loan it out, or just have a $600 billion bling party. Creating $600 billion out of thin air is going to cause inflation.
9 posted on
02/07/2011 9:33:31 AM PST by
henkster
(Before we make any more "investments" we ought to be shown the prospectus.)
To: FromLori
Inflation causes according to Helicopter Ben:
1) Sarah Palin’s Facebook page
2) Greedy corporations hoarding money
3) GW Bush insane spending
4) Jerry Jones Super Bowl seating mishaps
5) Cow flatulence causing climate change
6) Glen Beck’s apocalyptic program
7) FoxNews is lying about economic news
8) Subway Jared being mistaken for Tuscon Jared scaring people from shopping
9) Wealth not spread equal enough
10) Not enough government regulation on economy.
To: FromLori
Bernanke was obviously absent during the econ 101 lecture about what happens when too many dollars chase too few goods and services.
11 posted on
02/07/2011 9:35:28 AM PST by
skeeter
To: FromLori
Inflation, what inflation? Social security checks from the government say there was no inflation.
12 posted on
02/07/2011 9:36:26 AM PST by
ex-snook
("Above all things, truth beareth away the victory")
To: FromLori
OTOH, and presuming that business is not hot to take on debt by asking for loans, the banks would probably be in deep kimchee with the regulators if they did not put that money to work.
It comes back to one thing, it is an absolute fail when the gubermint tries to pick winners and losers. Give that 600B back - nay, don't take it in the first place - and watch the stimulative effect actually materialize.
19 posted on
02/07/2011 9:55:42 AM PST by
NonValueAdded
(Palin 2012: don't retreat, just restock [chg'd to comply w/ The Civility in Discourse Act of 2011])
To: FromLori
"Is Federal Reserve Chairman Ben Bernanke stoking inflation? Of course he is. Anyone with common sense knows that if you give $600 billion cash to the banks with no qualifications -- as he did with the second round of quantitative easing -- they will use it to speculate in the markets. JPMorgan Chase (JPM) just bought $1 billion of copper. "![](http://www.kitconet.com/charts/metals/base/spot-copper-30d-Large.gif)
21 posted on
02/07/2011 10:48:19 AM PST by
blam
To: FromLori
Inflating home prices back up has been the plan all along. Anything But Deflation. The only question has been, does the FED have the means to inflate us out of deflation. Some point to Japan as proof they don’t have the means to force inflation. The jury is still out, but BurnYankee’s helicopter has been flooding dollars toward that end.
He is only one of a huge horde of scum sucking liars in government, business and the media. As long as Joe Brainless buys the lie, he will never stop.
To: FromLori
Inflation, which doesn't exist, is nobody's fault. At least nobody in government. Or the Fed.
It just happens randomly and without forethought or cause, just like pregnancy, or third world starvation, or Joe Biden's words.
![](http://farm3.static.flickr.com/2743/4175015880_cea9ebed9e_m.jpg)
Today is a good day to die.
I didn't say for whom.
25 posted on
02/07/2011 11:18:39 AM PST by
The Comedian
(Muslim Brotherhood = A.N.S.W.E.R = Soros = Obama)
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