They did. Just not enough.
Because it isn't money printing. I'd actually prefer money printing.
QE 3: It's About Time
- Thread starter Bonestorm
- Start date
They did. Just not enough.
Because it isn't money printing. I'd actually prefer money printing.
Cancel 2016.2
The Almighty
http://www.bloomberg.com/news/2012-...r-month-high-on-mideast-unrest-fed-meeti.html
I hear higher oil prices are awesome for an economic recovery... Polly said so
I hear higher oil prices are awesome for an economic recovery... Polly said so
canceled.2021.1
#AMERICAISDEAD
Why didn't they know it was enough the first two times? And why do you think they will get it right this time?
If it isn't money printing then what is it? They are buying US bonds correct? Where does the Fed get the money to buy those bonds?
Cancel 2016.2
The Almighty
Not on the subject of economics you don't. You have shown time and again you have no clue.
LOL... so again genius... tell us... how will pushing long term rates low (or keeping them low) help the economy? Who does this benefit? Does it change lending standards? Does it help solve the problems that the world is facing right now? Europe? China? Our debt? No, no and no...
Cancel 2016.2
The Almighty
LMAO... so once again you run away from the discussion. Again, all evidence suggests that QE3 is not going to work any better than the two previous versions. Take a look at what oil prices did following the announcement. Tell us Polly... what happens to the economy when oil prices go up?
All they are doing is blowing up a bubble, but Polly likes it, because master said it was good.
Cancel 2016.11
Darla
Anyone who doesn't share his OCD and obsessive fondness for loud tantrums is "running away". To me this thread really reeks of desperation. But I don't know why since it doesn't matter even if the economy does improve - Romney already lost, don't they get it? I can't wait to see the meltdown in November.
Cancel 2016.2
The Almighty
Ah yes, the typical Polly response when Polly cannot actually debate the issue being discussed. Poor Polly, did your masters not prepare you well enough?
Cancel 2016.2
The Almighty
Coming from the person that had a complete meltdown who attacked every member of the board who dared breath wrong. LMAO... it isn't shocking that yet another failure comes on in a pathetic attempt to defund poor Polly...
Appeal to authority fallacy.
Cancel 2016.2
The Almighty
so no answers dung?
1) Do higher oil prices help the economy?
2) How does keeping long term rates low help? How does it help the lending process expand? Do corporations lack the cash right now? What does this do to stimulate the economy Dung? You proclaim you understand economics, surely you can answer these simple questions????
1) Do higher oil prices help the economy?
2) How does keeping long term rates low help? How does it help the lending process expand? Do corporations lack the cash right now? What does this do to stimulate the economy Dung? You proclaim you understand economics, surely you can answer these simple questions????
Cancel 2016.2
The Almighty
someone must not be able to answer the questions posed to him... what's the matter Polly... masters don't have the answers either?
Actually, it's an appeal to authority, but I have not used in in a fallacious manner, as the authorities appealed to are indeed subject-matter experts in the field and the consensus is strongly in my favor.
So, piss up a rope, hotshot.
Cancel 2016.2
The Almighty
What is truly funny is that the authority he is clinging to is also the same authority that contributed in a large way to the housing bubble. Much in the same manner as the current idiots at the Fed are doing by keeping rates artificially low today. Different bubble, but bubble all the same.
Cancel 2016.2
The Almighty
ROFLMAO... wow, he used the Dem 'consensus' standby.
Come on Polly... you said you understood economics... explain to us how this is going to help resolve the unemployment situation. how is it going to stimulate economic growth? How does weakening the dollar help, especially as it pertains to the obvious subsequent rise in oil prices?
It was used in a fallacious manner in an attempt to dismiss the expertise of another expert on the subject without reason other than "he isn't one of them", it also alludes to the expertise of the same people who helped to create the current debt crisis.
Basically it rides on the driving expertise of a driver who crashed the car.
I'd still like you to explain your first post quoting my first post in this thread. It will reveal much about you. Tell me what you think I was saying, I asked before.
Not particularly, no. Oil prices are but one of many factors.
Keeping long term rates low doesn't particularly help the economy at this point, but raising them would harm the economy. I don't think the big announcement today had much to do with long term rates except to the extent that the FED made clear that it isn't likely to increase them until mid-2015. Basically, the FED signaled that it isn't going to increase rates any time soon and set market expectations for how it will react to a growing economy. The rest of the questions are irrelevant. The big announcement was QE3.
If you do not appeal to authority, who then do you get advice from in your world?
Last edited: