Posted on 03/16/2011 7:57:46 AM PDT by Slyscribe
Without a word about Japan's disaster, the Federal Reserve on Tuesday signaled that the recovery and the timetable for stopping its money-printing press are on track.
While the Fed was likely taking care not to fuel fears about a still-evolving crisis, economists said they expect the central bank to end its $600 billion in Treasury purchases by June 30 as planned.
(Excerpt) Read more at investors.com ...
The FED can’t print enough money to cover anything. Only about 2-3% of our money is in printed form. All they have to do is create money on the computer just like banks do.
Japan will have to sell theirs to pay for their mess. Who will buy them?
QE2 will end the instant before QE3 begins. They cannot turn off The Bernank’s printing press. Can’t be done.
The Fed WON’T stop the printing presses. There will be little progress on our $1.5 Trillion deficit, the economy is still very weak, and Bernanke therefore believes it is his sacred duty to keep the printing presses running.
At a 0% return on investment? You tell me who will buy our debt.
If I didn’t see what has been going on these past two years, I would never believe it.
Muslims will buy it at 0%. It will then be Sharia friendly.
Nobody.
Has the “Fed” been right about anything in the last 20+ years? If Bernanke were running a Fortune 100 Company the way he runs the Fed, they would be filing for Chap 13. and looking for bailout money from their boy on the hill. Our country is the one who may be filing for Chap. 13 soon. We are already so deep in debt that our grandchildren will still be trying to pay off Obama and the dimbulb’s spending spree since 2006. If the Chinese were to call in all their loans to us, there would be a “for sale or lease” sign on the Capitol front door.
Oliver
Who Will Buy?
ROSE SELLER
Who will buy my sweet red roses?
Two blooms for a penny.
Who will buy my sweet red roses?
Two blooms for a penny.
MILKMAID
Will you buy any milk today, mistress?
Any milk today, mistress?
ROSE SELLER
Who will buy my sweet red roses?
MILKMAID
Any milk today, mistress?
ROSE SELLER
Two blooms for a penny.
STRAWBERRY SELLER
Ripe strawberries, ripe!
Ripe strawberries, ripe!
STRAWBERRY SELLER
Ripe strawberries, ripe!
MILKMAID
Any milk today, mistress?
ROSE SELLER
Who will buy my sweet red roses?
KNIFE GRINDER
Knives, knives to grind!
Any knives to grind?
Knives, knives to grind!
Any knives to grind?
Who will buy?
STRAWBERRY SELLER
Who will buy?
MILKMAID
Who will buy?
ROSE SELLER
Who will buy?
OLIVER
Who will buy
This wonderful morning?
Such a sky
You never did see!
ROSE SELLER
Who will buy my sweet red roses?
OLIVER
Who will tie
It up with a ribbon
And put it in a box for me?
STRAWBERRY SELLER
Ripe strawberries, ripe!
OLIVER
So I could see it at my leisure
Whenever things go wrong
And I would keep it as a treasure
To last my whole life long.
MILKMAID
Any milk today?
OLIVER
Who will buy
This wonderful feeling?
I’m so high
I swear I could fly.
KNIFE GRINDER
Knives! Knives to grind!
STRAWBERRY SELLER
Ripe strawberries, ripe!
OLIVER
Me, oh my!
I don’t want to lose it
So what am I to do
To keep the sky so blue?
There must be someone who will buy...
LONG SONG SELLER
Who will buy?
KNIFE GRINDER
Who will buy?
MILKMAID
Who will buy?
ROSE SELLER
Who will buy?
COMPANY AND OLIVER
Who will buy
This wonderful morning?
Such a sky
You never did see!
Who will tie
It up with a ribbon
And put it in a box for me?
There’ll never be a day so sunny,
It could not happen twice.
Where is the man with all the money?
It’s cheap at half the price!
Who will buy
Who will buy
This wonderful feeling?
I’m so high
I swear I could fly.
Me, oh my!
I don’t want to lose it
So what am I to do
To keep the sky so blue?
OLIVER
There must be someone who will buy...
MILKMAID
Must be someone
STRAWBERRY SELLER
Must be someone
KNIFE GRINDER
Must be someone
ALL
Who will ... buy?
When the world perceives America is once again in the hands of Patriots, the 'money world' will stableize.
America must be armed and have already developed the will to kill or it is all lost.
Is it a cliche' that America is safe because bad men are willing to kill and break things?
Become a bad man.
If this wasn't such a serious issue I would laugh. These people are living in never never land, inflation is here to stay thanks to QE1, QE2, QE3 (soon to come in July) etc. I would go Galt if I had the farmland.
The way I see it, the Fed has put the economy in a lose-lose situation. If they abruptly halt their QE2 efforts upon reaching the $600B threshhold, I would anticipate the artificially pumped up stock market to begin deflating quickly not to mention running the risk of the Treasury not being able to sell all its new and rollover debt to foreign parties in the bond market.
If the Fed continues to inflate by continuing to buy Treasury bonds with funds beyond the QE2 $600B they will add to the depreciation of the dollar ala Weimar Germany putting us closer to a high to hyperinflationary situation somewhere in the foreseeable future. JMO.
The FED is already planning QEIII. They have no other options. They will print money until the train finally runs off the tracks. Bernanke is not that stupid. He must know that he cannot fix the problem so he is just trying to string it out as long as possible before we have a collapse. Its going to be a hard landing.
Ah, yes -- Sharia loans; 0%, but you have to sign away your daughter...
The only saving grace we have is to cut the budget and cut it radically and get rid of deficits, and preferably start running surpluses. We then need to revise the tax code as well as get rid of ridiculous regulations so we can muster a tax base again to facilitate surpluses.
I wholeheartedly agree, but I fear neither the majority of our entitlement minded citizenry nor any career minded politician will have the stomach to take and accept such action until absolutely all other options (that appear less harmful) have been tried and have failed. I hope that I am proven wrong.
Sooo, is that the primary reason for the sell off? fear?
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