Posted on 01/21/2013 12:09:25 PM PST by SeekAndFind
The U.S. Government took some enormous steps and continues to take enormous steps to right the economy.
In his 2013 outlook, KKR's Henry McVey points to the $7.66 trillion worth of stimulus as a reason to be bullish on real assets like real estate and commodities.
From McVey:
The United States is running an explicit reflationary policy of holding nominal interest rates below nominal GDP. Though this relationship was slightly more stretched back in the late 1970s, it is again near record levels. We are also dealing with far more liquidity injections by the U.S. government than in the past. In the U.S. alone, monetary and fiscal stimulus as a percentage of GDP has breached the 40% threshold, nearly 5 times what was put into the system after the great depression (Exhibit 52). Moreover, the latest round of quantitative easing is tied to unemployment, which we do not see changing quickly, given that new business formation is still running 35% below the historical average.
Here's a breakdown of all that stimulus.
(Excerpt) Read more at businessinsider.com ...
Plunder redefined by the Boyz in DC!
I’m so stimulated that I’m comfortably numb.
A few trillion more and we’ll be talking real money.
4.3 trillion in “quantitative easing” (also known as bouncing a check to pay your credit card payment) to delay the collapse, while the rest is LOOTED by the powers taht be and their minions.
Just what we need, more speculators running up the price of homes flipping properties then demanding to be helped out.
is there double counting here ?
TARP funds were used for the auto bailout...
ARrA fundS were used for homeowners bailout...
Good question. I had thought the total AIG bailout was 182 Bil, and that total amount isn’t listed. But, I think that part of the AIG amount came from TARP and and a few prior to that, in the billions.
insanity
$4.39 trillion of ‘quantitative easing’... IOW, devaluing the dollar.
the estimated devaluation was $6 trillion. there will be at least another $1.5 trillion in ‘easing’ in the next couple of years
which, of course, will push gold higher... along with everything else... by about 25% from where we are now
ofc, if the estimates of where silver is headed are true ($100/oz), gold could be headed for $5k/oz
either way, the dollar isn’t getting stronger any time soon
Nothing good ever comes from Chuckie “flash pack” Schumer.
BOHICA!!!
What’s Operation Twist?
A fair start, but not specific enough. For example, exactly what did the $300B for the automaker “bailout” go towards? What did the auto makers use it for? Pension buyout/payoff? How much went towards salaries/bonuses/kickbacks/offshore bank accounts, etc?
TARP funds were used for the GM and Chrysler bailouts. I believe TARP differed from stimulus in that TARP was supposed to be paid back. Still waiting GM...
This looks like TARP was part of the stimulus.
Problem is, he itemized TARP as part of the stimulus and also itemized auto bailouts (in a couple of places) as part of the stimulus.
where else besides TARP did auto bailout come from ?
This chart seems weak.
Problem is, he itemized TARP as part of the stimulus and also itemized auto bailouts (in a couple of places) as part of the stimulus.
where else besides TARP did auto bailout come from ?
This chart seems weak.
......................Problem is, he itemized TARP as part of the stimulus and also itemized auto bailouts ................
The other part of that problem is that Tarp outflows happened during the final few months of fiscal year Bush, thus counted in his spending.
All the repayments of these loans occurred during Zer0 fiscal year, so the loan repayments negate much of the Zer0 increased spending during fiscal 2009-10.
Fed decides on $400 billion bond swap (Operation Twist)
WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday, acting in the face of a weak economic outlook, decided to start a program to twist the yield curve by swapping shorter-maturity government securities for longer-dated ones.
In a statement, the Fed will buy $400 billion of Treasury securities in the 6-30 year range and sell an equal amount of maturities of 3 years or less.
The Fed also announced a new plan to purchase agency mortgage-backed securities with proceeds of maturing securities.
http://www.freerepublic.com/focus/f-news/2781705/posts
http://www.freerepublic.com/focus/f-news/2781788/posts
they forgot to list the RAT POCKETS category...
bfl
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