Bad form Fed

[cawacko]

Seriously credibility with whom? Most people don't even know what QE is which is why they call it quantitative easing. It is to keep mindless rubes like Dunhheap and Desh ignorant to what is really going on.

If anyone can point me to a time in history where a country debasing its currency turned out well for its citizens, I am all eyes. Maybe Desh can consult Wi

I was talking about the FOMC's credibility with investors. The Fed had been pledging to taper and throws out what was to many this curve ball continuing full steam with this buying program.

 

[Bonestorm]

Which is why it contracts every time they mention cutting the 'stimulus'???

SF, how can there be a stock market bubble when stock prices are growing in line with corporate profits? It makes no sense at all. Also, too:

WASHINGTON (AP) — A debate is raging among investors and analysts: Has the Federal Reserve inflated a stock market bubble by driving interest rates to record lows?

The answer, according to economists surveyed by The Associated Press: No.

http://bigstory.ap.org/article/ap-survey-economists-see-no-stock-market-bubble

 

[Cancel 2016.2]

hey assholes the last time we listened to your sage advice we got a world wide economic crash.

Fuck you very much


Your "expertice" is worth a toilet full of used wiping paper

Hey retard... the same policies that led us into the 2008 crash are still being used today. Your saint Obama is going to cause another crash. FYI... Geithner was the NY Fed leader that FAILED to supervise the banks he was supposed to. A Dem desh... completely FAILED.

 

[Cancel 2016.2]

SF, how can there be a stock market bubble when stock prices are growing in line with corporate profits? It makes no sense at all. Also, too:



http://bigstory.ap.org/article/ap-survey-economists-see-no-stock-market-bubble

Again... if you truly think that, then you agree there is no reason to continue the QE.

Forcing rates to stay low artificially leads to bubbles. See 2008.

 

[evince]

you have never been proven out to be correct on any of your PREDICTIONS super.


your opinion is worthless

 

[evince]

You have been proven to lie though

 

[Bonestorm]

Again... if you truly think that, then you agree there is no reason to continue the QE.

Not really. The fact that there is no stock market bubble is really irrelevant to whether QE should continue.

Forcing rates to stay low artificially leads to bubbles. See 2008.

Can lead to bubbles. But there is no stock market bubble presently.

 

[Cancel 2016.2]

Not really. The fact that there is no stock market bubble is really irrelevant to whether QE should continue.

Can lead to bubbles. But there is no stock market bubble presently.

So tell us Dung... what part of the economy is in need of QE? If corporate profits are great, corporate balance sheets are great... then what is QE propping up?

 

[cawacko]

Desh in a thread about the Fed's actions yesterday in your two dozen or so posts you've said one sentence about the subject. You said 'they're doing the right thing'. That's it. You've said about a dozen times Superfreak is a liar. Do you think people on this board can't read and understand what you are saying the first time you say something? Or must you derail every thread SF post's in claiming he's a liar?

Like Darla said go get a freaking room. Nothing wrong if you like the dude but please express those feelings in private.

 

[Cancel 2016.2]

Timothy Geithner was head of the NY Fed. His job, in part, was to make sure the banks he was supervising didn't take on too much risk. He was in that position from 2003-2008. How good of a job did he do?

 

[Bonestorm]

So tell us Dung... what part of the economy is in need of QE? If corporate profits are great, corporate balance sheets are great... then what is QE propping up?

I love how you just continue to jump around and around in the hopes that you'll stumble across some reason why QE should be stopped. It's awesome.

 

[Cancel 2016.2]

I love how you just continue to jump around and around in the hopes that you'll stumble across some reason why QE should be stopped. It's awesome.

I love how you continue to refuse to answer the question. If you think there is no bubble in the stock market, if you think the corporate profits are in line with where they should be, then WHY do you think we still need QE?

 

[Bonestorm]

I love how you continue to refuse to answer the question. If you think there is no bubble in the stock market, if you think the corporate profits are in line with where they should be, then WHY do you think we still need QE?

Because other economic indicators are in the shitter, namely, employment. Also, GDP is not growing fast enough.

 

[Cancel 2016.2]

Because other economic indicators are in the shitter, namely, employment. Also, GDP is not growing fast enough.

How does bond buying help employment?

You just acknowledged corporate profits are good. What does bond buying do to help encourage employment? We have been doing it for over a year now at a very heavy pace... yet we just keep getting part time jobs added at an anemic pace. You think it is just going to magically start working?

As for GDP... how will bond buying help spark GDP? It hasn't yet.

 

[Bonestorm]

How does bond buying help employment?

You just acknowledged corporate profits are good. What does bond buying do to help encourage employment? We have been doing it for over a year now at a very heavy pace... yet we just keep getting part time jobs added at an anemic pace. You think it is just going to magically start working?

As for GDP... how will bond buying help spark GDP? It hasn't yet.

You're assuming your conclusions, SF. You're assuming that, because job growth and GDP are anemic, then QE must not be doing anything at all to help wihtout considering the possibility that job growth and GDP would be worse in its absence.

QE is admittedly a less than ideal policy, but there isn't much more the FED is willing and able to do with respect to monetary policy to help. And where there is no real downside to QE (i.e., there is no stock market bubble and inflation is still below target), there's no reason to stop it when employment and GDP are still lagging.

 

[Cancel 2016.2]

You're assuming your conclusions, SF. You're assuming that, because job growth and GDP are anemic, then QE must not be doing anything at all to help wihtout considering the possibility that job growth and GDP would be worse in its absence.

So you have nothing. You cannot elaborate on how buying bonds will expand jobs or GDP?

Thanks for proving my point. It won't.

 

[FUCK THE POLICE]

The Federal Reserve today decided to maintain its policy of buying $85B in bonds each month rather than tapering off as the market expected by $10-15B per month.

This is blatantly stupid. Why continue pumping up the next bubble?

For all the conspiracy theorists... the stock market and gold began spiking up about three minutes BEFORE the announcement. Yet every major bank economist was projecting the $10-15B in cuts. Hmmm...

Why should the Fed taper off when inflation is still hovering at historical lows of 1%-2% and unemployment is still high? Certainly nobody cried about inflation like this in the 90's when it inflation was higher and unemployment low.

 

[FUCK THE POLICE]

How does bond buying help employment?

By introducing liquidity into the market and raising inflation expectations.

 

[FUCK THE POLICE]

The idea that more liquidity necessarily means bubble creation is just Austrian stupidity.

 

[FUCK THE POLICE]

So tell us Dung... what part of the economy is in need of QE? If corporate profits are great, corporate balance sheets are great... then what is QE propping up?

Employment and GDP. Things that actually matter, unlike corporate profits.