Stock prices obviously need to be in the Inflation Index calculations, Big Time.
LONDON (Reuters) - Unless it springs a major surprise, the U.S. Federal Reserve will call time this week on its program of government bond purchases, which at one point was pumping $85 billion a month into financial markets and the economy.
It won’t end.
“Quantitative Easing” is doublespeak for devaluation of the dollar and theft of value from savers and dollar holders.
Just QE3 ending. QE4 will start within 24 hours. There is still more to steal.
Goldbug ping.
Ping
This should be an interesting week.
The dollar is way over valued just like the stock market. A relative since my wife a picture of a house her nephew just bought. It’s 2,000 sq. ft. and every house around it looks like a shack. But those houses are valued from 3 to 4 hundred grand. The house her nephew bought was $629,000! A year ago it was a around $350,000. That looks like a bubble to me.
Why would ‘quantitative easing’ be coming to an end? Our government is fatally addicted to the $80 billion per month that is being poured into government coffers.
“If the Federal Reserve and other global central banks were not printing money like mad, the global economy would have almost certainly entered a deflationary depression by now.”
The article makes that sound like some great problem, and it probably would be for some, but it’s what the economy naturally does to shed worthless ventures and drive money back to valuable investments.
And my parents talked me into starting an investment in a mutual fund earlier this year. Might have to talk to the gentleman doing it for me, though he showed me some charts on how the fund did during events in the past (Vietnam War, 1970 recession, 9/11, etc) and it always seemed to come back up. Here’s hoping my views on the economy won’t be proved the hard way for me.
“...$85 BILLION a MONTH...”
Let’s just let that sink in a little, shall we?
cheaper fuel prices will counteract it
Interest rates can’t be allowed to go up to any meaningful extent for long-suffering savers due to inability on the part of government to service their own debt at that level of interest. Combine that with a history of fairly strong corrections whenever QE has ceased, and it’s fairly clear to me that they’re stuck with it.
Yup our first black presidents term is almost up... He has damaged the democrat name and once again republicans are poised to take over, time to stop propping up the economy, so republicans get blamed for the economy crashing again.
Bullspit.
I thought the market already had its decline.
The Fed's checked us all into "Hotel California"..
"Last thing I remember, I was Running for the door I had to find the passage back To the place I was before 'relax,' said the night man, We are programmed to receive. You can checkout any time you like, But you can never leave!"