Fed's Bullard Says Could Do More Quantitative Easing If US "Got Into Bad Downtur

[Large Sarge]

Fed's Bullard Says Could Do More Quantitative Easing If US "Got Into Bad Downturn"
Submitted by Tyler Durden on 05/25/2010 11:42 -0500

Ben Bernanke Bob Janjuah Gross Domestic Product Quantitative Easing


If you needed any confirmation that the next round of QE is just around the corner, here it is. Just headlines for now. As the US is in a pretty "bad downturn" right about now, it is only a matter of time before Bernanke flips the turbo-print switch. Recall that Bob Janjuah expects the Fed to launch a new $5 trillion QE version by early 2011. The odds of him being right just went HFT caught in a short squeeze. Bullard also noted that QE will be removed eventually and in due course, which he presumably equated with a 5 year period. Expect ZIRP to last through 2015 at least. By then US debt/GDP will be around 100x (not %).

[gunDriller]

where's the article ?

i looked at
http://www.zerohedge.com/

but couldn't find it.

i never knew Tyler Durden was the name of the guy in Fight Club.

[Large Sarge]

where's the article ?

i looked at
http://www.zerohedge.com/

but couldn't find it.


its there at zerohedge

interesting on the name tyler durden, did not make that connection

thanks for that

[Dave Thomas]

The real question here is when does QE and all this stimulus overshadow the fact that billions in capital have been destroyed in the housing bubble? I'd wager a guess that we're about to transition from the capital destruction phase of this financial calamity to the "humming presses" stage, as all these ailing governments, states, and institutions are threatened with insolvency. First deflation, then inflation? Hows that sound?