Skip to comments.WSJ: Fed Officials Increasingly Likely To Intervene (IOW, more “stimulus”, QE)
Posted on 07/25/2012 11:20:48 AM PDT by Olog-hai
Federal Reserve officials are growing increasingly in favor of stimulating the stalling U.S. economy, the Wall Street Journal reports.
Methods could include purchasing bonds held by banks, a stimulus tool known as quantitative easing that floods the economy with liquidity to spur recovery, or extending the outlook as to how long Fed officials foresee interest rates staying near rock-bottom levels.
Other methods may involve lowering the interest rate at the discount window, where banks go to borrow money directly from the Fed.
Talk of quantitative easing usually sparks some kind of reaction on Wall Street. The policy, dubbed by many as printing money out of thin air, pumps up stock and commodity prices and weakens the dollar.
(Excerpt) Read more at moneynews.com ...
Why not? Europa needs another bailout.
The economy is in a full stall, and all the math-illiterate idiots in the gummit want to do is pull the stick back further...after all, pulling back on the stick always makes us gain altitude, right?
The stick they’re pulling is the one that opens the trapdoor though.
I think “they” are just trying to juice this stock market as much as they can by just talking about QE3 ...
Helicopter Ben knows he is down to his last bullet
Unlike the government, we aren’t going to borrow any more money that we can’t afford to pay back. Open the credit gates all they want, but it will only effect Wall Street, not Main Street.
The Fed is powerless to save Barry.
A friend sent me this some time ago. It makes so much sense especially considering that all of the suggestions require raising the debt ceiling.
Democrats don't understand THE DEBT CEILING
Republicans don't understand THE DEBT CEILING
Independents don't understand THE DEBT CEILING
Liberals don't understand THE DEBT CEILING
Conservatives dont understand THE DEBT CEILING
NO ONE SEEMS to understands THE DEBT CEILING
SO - Allow me to explain...
The Debt Ceiling
Let's say, you come home from work and find there has been a sewer backup in your neighborhood. Your home has sewage all the way up to the ceilings. What do you think you should do?
Raise the ceilings or pump out the sewage?
Your choice is coming next November. Don't miss the opportunity to pump out the sewage.
More like a BB.
There's plenty of cash out there. Corporations and individuals are holding on to that cash in anticipation of higher taxes and expenses next year.
————dubbed by many as printing money out of thin air,-———
is actually de facto devaluation of the US$
Must be time for one of my favorite videos!
The bond vigilantes will soon appear and rates will rise...AND, the fed cannot do anything about it.
Because they can’t EXTORT it yet, until 2014, with Extortion-Care.