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To: Georgia Girl 2
There are 11 other fed bank heads w/ exit strategies. My bet is they got at least two dozen of 'em that they like and Yellen's probably following most of 'em for at least a day at a time.  In the mean time it's up to us to decide what we want because w/o our picking something then we can't complain after that they didn't do what we wanted.  So QE is that since '08 when the fed' first bought a trillion of debt to stop the implosion--

--we're now pushing $5T and still counting.

9 posted on 05/22/2015 9:42:51 AM PDT by expat_panama
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To: expat_panama

In Europe the Governments there own between 45-51 percent of major companies like the utilities, or they have the final say for other big business decisions in their economies. Our FED purchased a lot of stock. It will sell that stock after driving up the price and make a huge profit on the dollar cost averaging by selling even past the point where they start to lose money - the FED is not mandated to own Stocks per say, so they will have to eventually sell off their “investments” and get the cash back - - - what will they do with the cash, e.g., will they delete it from the data bits and put it in the bit bucket, or will they let the markets tank destroying the digital bucks or will they let the new money lessen the value of the dollar in your pocket?


10 posted on 05/22/2015 7:45:21 PM PDT by Jumper
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