The Federal Reserve Has No Practical Option To End QE (by James Sinclair)

Jim Sinclair ^ | January 3, 2013 | Jim Sinclair

[Zeneta]

Kyle Bass recently revealed a fact about our government leaders:

“They’re not going to tell you that a collapse is coming. You’re going to have to see it for yourself. The government’s never going to tell you that it’s going to happen. These guys are never going to tell you the truth, because they can’t tell you the truth. Their job is to promote confidence, not to tell you the truth.”

[PGalt]

Thanks for posting. QEPlanned. What would a totalitarian do?

[Morris70]

That’s why it’s called QE Infinity.

[GenXteacher]

[jiggyboy]

CIGAs = Comrades In Golden Arms

MOPE = Management-Of-Perspective Economics (i.e. happy-talk)

[andyk]

Option 1: stop expanding the money supply.

[dennisw]

The crazy deal here and mass (hypnosis) illusion is that a private bank (the FR) buying USG debt can keep our economy afloat. The Chinese have dropped out of buying US Treasury debt. The Federal Reserve is now the largest buyer at the rate of one trillion per year.

The present economy stinks and is kept out of outright depression ONLY by the FR buying up USG debt thus injecting money into the economy

[dennisw]

Yes those are the correct translations for Jim Sinclair abbreviations. I watched him on Wall Street Week 30 years ago....many times and would make a point of trying to see his appearances. No VCRs back then :)

[genghis]

hard to conceive of a good ending to this.

[Orange1998]

So who pulled 550 million out of money market?

http://m.youtube.com/watch?v=m_atOvrTtT8