Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Will Oil Spike Lead To QE3? (you knew it was coming!)
Forbes ^

Posted on 03/10/2011 5:27:55 PM PST by Red in Blue PA

Recent comments from Atlanta Federal Reserve President Dennis Lockhart, combined with spiking oil prices, have led to speculation regarding future rounds of quantitative easing. Lockhart spoke recently at the National Association of Business Economics conference, commenting on rising oil prices and the potential for spikes to affect the economic recovery.

(Excerpt) Read more at blogs.forbes.com ...


TOPICS: News/Current Events
KEYWORDS: bernacke; corruption; debt; economy; energy; inflation; obama; oil; qe3; rino
Navigation: use the links below to view more comments.
first 1-2021-23 next last
Let's fight that fire by throwing gasoline on it!

Morons!

1 posted on 03/10/2011 5:27:58 PM PST by Red in Blue PA
[ Post Reply | Private Reply | View Replies]

To: Red in Blue PA

I heard they are already planning QEIII. Then I guess when that doesn’t work QEIV.


2 posted on 03/10/2011 5:31:17 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

Isn’t QE just printing more money?


3 posted on 03/10/2011 5:33:11 PM PST by Bryan24 (When in doubt, move to the right..........)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Ping


4 posted on 03/10/2011 5:57:42 PM PST by FrogMom (There is no such thing as an honest democrat!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FrogMom

what does QEII and QEIII mean?


5 posted on 03/10/2011 6:02:07 PM PST by Frapster (ugh)
[ Post Reply | Private Reply | To 4 | View Replies]

To: FrogMom

Is Gross right?


6 posted on 03/10/2011 6:02:43 PM PST by blam
[ Post Reply | Private Reply | To 4 | View Replies]

To: Bryan24

Yes. Every dollar they print makes each one in your pocket worth less, then worthless.


7 posted on 03/10/2011 6:06:42 PM PST by panaxanax (*Memo to Jim DeMint: Check your mail. Your DRAFT NOTICE will be arriving soon!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Frapster
Quantative Easing

The government creates money out of thin air. They've done it two times now = QEII

8 posted on 03/10/2011 6:09:09 PM PST by blam
[ Post Reply | Private Reply | To 5 | View Replies]

To: Frapster
QE = Quantitive Easing which is PC for monetizing the debt.
9 posted on 03/10/2011 6:09:28 PM PST by Las Vegas Ron (The Tree of Liberty did not grow from an ACORN!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Red in Blue PA

It always amazes me that people will rely on the very same people that put us in this mess to get us out of it...


10 posted on 03/10/2011 6:11:46 PM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: surfer

We are not going to get out of it.


11 posted on 03/10/2011 6:16:45 PM PST by screaminsunshine (34 States)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Frapster
what does QEII and QEIII mean?

QE2 Home Page
12 posted on 03/10/2011 6:21:20 PM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Red in Blue PA
Drill Here Book

13 posted on 03/10/2011 6:23:13 PM PST by Salvation ("With God all things are possible." Matthew 19:26)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA
"Will Oil Spike Lead To QE3?"

Yes, that, and the following. ;-)

"No Way Out" of Debt Trap, Gross Says: U.S. Living Standards Doomed to Fall Yahoo/Finance ^ | 3/9/11 | Stacy Curtin

Excerpt:
There is really no way out of this trap and this conundrum at this point,” says Gross. From an investment perspective his advice is to stay clear of “bonds in dollar denominated terms” and to be “wary of higher interest rates going forward.


He took it out, so the Fed could put that and more back in. ;-)


14 posted on 03/10/2011 6:24:47 PM PST by familyop (Those who depend on government are terrified of empty highways this summer.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: familyop
I'm startin' to figure all the Monetization doesn't really matter any more.

The US Government is going to default. They have started down the irreversible path.

It's as certain as the day is long.

15 posted on 03/10/2011 6:30:13 PM PST by Mariner (USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Mariner

Agreed.


16 posted on 03/10/2011 6:31:20 PM PST by familyop (Those who depend on government are terrified of empty highways this summer.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: screaminsunshine

we are actually just starting to get INTO IT...


17 posted on 03/10/2011 6:35:58 PM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Salvation

AS much as I would like to believe this. Oil is drilled and all of it is put on the GLOBAL market. The US will only drill when they can get $150 per barrel, the wells would be shut off if it goes lower. For once, I’d like to see US practice some policies that would better us and screw the rest of the world that hates us. We could drill here and keep it all to ourselves, but me landing a date with Sandra Bullock has a better probability of happening.


18 posted on 03/10/2011 6:40:33 PM PST by Cyclone59
[ Post Reply | Private Reply | To 13 | View Replies]

To: Cyclone59

Uh, better call up Sandra cause you are wrong. We don’t sell much if any of our oil on the international market as we are buying 60% or so of our oil from others.

Wrongo on the drilling also. Every rig available is punching holes in the ground right now and all wells are producing if they are financially feasable.

Over 1700 rigs drilling in the lower 48 right now.


19 posted on 03/10/2011 8:32:43 PM PST by biff
[ Post Reply | Private Reply | To 18 | View Replies]

To: Frapster

Quantitative easing 1 and 2. Monetizing the debt. Printing money with no value to buy... stuff, primarily, I think, our own Treasury Bills.


20 posted on 03/10/2011 8:48:13 PM PST by FrogMom (There is no such thing as an honest democrat!)
[ Post Reply | Private Reply | To 5 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-23 next 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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson