Any ideas when this will happen?
You don’t need to be an economist to figure out that printing money cannot help the economy at all. If there are 2 loaves of bread, and $10 are available to buy them, printing another $10 won’t increase the number of loaves of bread to buy. It will only inflate the price of the bread.
Unfortunately, so-called economists like Paul Krugman seem to be incapable of grasping the fact that money is only a proxy for the goods and services exchanging hands. It is those goods and services that actually drive the economy.
How much of an impact on the market would there be if conservatives got out of the market?
The “money” that is working is magic is e-scrip the Fed creates out of thin air to pump up the T-Bill sales and purchases of Mortgage Backed Securities to the tune of $85 billion per MONTH for at least 4.5-5 years of Obama’s tenure, and which was reduced to $75 billion per month a few months ago.
Budget surplus in Obama’s administration? Pure BS. What is happening is that the NYSE is being bribed to keep its spirits up and rip off the suckers that still invest there. GDP doesn’t support it. Full time employment doesn’t support it. The increases in those Americans on entitlements don’t support it. Nothing supports it but Federal Reserve promises, and you’ll likely never see the true audit of their books that doesn’t contain a bunch of crap about inflated mortgage packaged manure and supposed ‘purchased’ T-bill support for our National Debt.