Saturday, September 7, 2013

Going off

Quantitative easing is past its due date

Is the Federal Reserve's stimulus working to help the economy, or is it hurting?

Posted by dill @ 04:29 PM (4201 views)
Please complete the required fields.



4 thoughts on “Going off

  • Talk of “tapering” or not could be irrelevant. If Obama decides to throw a few Tomahawk missiles in the direction of Damascus, who is going to buy all that US debt?….just his war sponsors Qatar and Saudi Arabia (Al-Qaeda are a bit short of cash).

    This could have dire consequences to Western nations as it’s over indebted governments fish around to see where they can confiscate money from within their economies & pension holders (that’s us).

    We’ve already seen it in Cyprus, then Poland. Osborne has also “absorbed” the Post Office independent pension fund.

    Fortunately, John Redwood has written to the US Congress asking them to back off. At least one Conservative has the right idea – now for the rest.

    Reply
    Please complete the required fields.



  • I, for one, will be glad to see the central banks back off, quit subordinating themselves to the fiscal authority and allow proper reform in all the areas that need addressing. Time to man up.

    Reply
    Please complete the required fields.



  • “At most, it may be possible to make an argument that the stimulus known as quantitative easing is helping Wall Street stock prices” (and other asset prices)…..”and it has increased income inequality”. She could have added that financial and non-financial corporations have increased their leverage for speculative purposes to pre-crisis levels (according to Moody’s), and that margin debt on the NYSE is at record highs and junk bond yields at record lows. So alan’s pension holders @1 are having to take the risk swimming with the Wall Street sharks to get a return on their money. QE is working…..for the right people.

    Reply
    Please complete the required fields.



  • …financial and non-financial corporations have increased their leverage for speculative purposes to pre-crisis levels (according to Moody’s), and that margin debt on the NYSE is at record highs…

    That’s what I suspected, icarus. Precarious.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>