600 billion is all?

[chad]

lame. these guys are starting to look like amatuers. i thought at least a trillion. :P

edit: looks like gold is not amused. apparently it was pricing in a trillion as well.

[Neuro]

lame. these guys are starting to look like amatuers. i thought at least a trillion. :P
Appears to be too little for gold, great I have some cash to go shopping with...

[ximmy]

That's not even enough to wet the beaks...

[DMac]

75 this month, upped to 100 next, to 150 in January etc etc.

QE to infinity is still on track, IMO.

[1970 silver art]

WHAT!!!!!!!! That's all? Those fucking slackers. ;D :D Hmmmm.........Gold and silver apparently did not like that. Here is what I heard gold and silver say when they heard the news..............."WTF. Only 600 Billion? GTFO!!!!!!!!"

[Neuro]

75 this month, upped to 100 next, to 150 in January etc etc.

QE to infinity is still on track, IMO.

Great a QE hockey stick graph...did Al Gore design this program?

[DMac]

75 this month, upped to 100 next, to 150 in January etc etc.

QE to infinity is still on track, IMO.

Great a QE hockey stick graph...did Al Gore design this program?


I see no reason based on this announcement to think the FED has all of a sudden gotten control of our current economic "situation", so any announcement they give that sounds woefully low given the current paradigm is probably nothing more than the usual government statistics shenanigans.

I think Sinclair is going to be proven dead on right re: QE to infinity.

[chad]

it appears the plan is to just drag this out forever. no sudden crashes, just a slow willowing of the country until nothing is left.

[DMac]

it appears the plan is to just drag this out forever. no sudden crashes, just a slow willowing of the country until nothing is left.


I think we're turning Japanese I think we're turning Japanese I really think so...

[ximmy]

it appears the plan is to just drag this out forever. no sudden crashes, just a slow willowing of the country until nothing is left.


agree... the transfer of wealth has not yet been completed...

[gunDriller]

it's the FOMC equivalent of a drop-wallet layback snap.

[Neuro]

it appears the plan is to just drag this out forever. no sudden crashes, just a slow willowing of the country until nothing is left.


agree... the transfer of wealth has not yet been completed...
Exactly!

[woodman]

it appears the plan is to just drag this out forever. no sudden crashes, just a slow willowing of the country until nothing is left.


agree... the transfer of wealth has not yet been completed...


You must remember, we are being farmed just like cattle. When our usefullness has ended and the milking is complete, we will be ground into 100% kosher beef.

[chad]

i posted a rant about this on my facebook page, and so far i have 14 responses from people saying "what's QE?"

but they all know about how rand paul won yesterday and is going to save or ruin the country.

[cedarchopper]

600 billion, 6 trillion, or 75 billion a month...they are going to buy Treasuries at whatever rate suits their purposes. The metals will respond accordingly.

[Low Pan]

i posted a rant about this on my facebook page, and so far i have 14 responses from people saying "what's QE?"

but they all know about how rand paul won yesterday and is going to save or ruin the country.



...wow, tell them to pull their heads out of the sand and stop reading murder stories on the news and click on the Business section. QE is not a good thing, it means everything else has failed and is a last straw, of sorts. How does the Fed have the bankroll to fund this? They fire up the printing press while the dollar slides into an abyss. Not to mention, the bulk of what they are buying is junk Non Performing assets. And the money the banks will get in return, do you actually think the consumer is going to see it?....


Quantitative easing (QE) is a monetary policy used by some central banks to increase the supply of money by increasing the excess reserves of the banking system. This policy is usually invoked when the normal methods to control the money supply have failed, i.e the bank interest rate, discount rate and/or interbank interest rate are either at, or close to, zero.

A central bank implements quantitative easing by first crediting its own account with money it creates ex nihilo ("out of nothing").[1] It then purchases financial assets, including government bonds, agency debt, mortgage-backed securities and corporate bonds, from banks and other financial institutions in a process referred to as open market operations. The purchases, by way of account deposits, give banks the excess reserves required for them to create new money, and thus hopefully induce a stimulation of the economy, by the process of deposit multiplication from increased lending in the fractional reserve banking system.

Risks include the policy being more effective than intended, spurring hyperinflation, or the risk of not being effective enough, if banks opt simply to sit on the additional cash in order to increase their capital reserves in a climate of increasing defaults in their present loan portfolio.[1]

[RJB]

600 billion is all?
That's what they say in public.

[mick silver]

anybody can pull a number out of a hat ... it what there not saying

[midnight rambler]

it appears the plan is to just drag this out forever. no sudden crashes, just a slow willowing of the country until nothing is left.


This is what I've been suspecting for years, no crashes forthcoming just a slow demise grinding into the ground kosher style.

[Filthy Keynes]

it appears the plan is to just drag this out forever. no sudden crashes, just a slow willowing of the country until nothing is left.


This is what I've been suspecting for years, no crashes forthcoming just a slow demise grinding into the ground kosher style.


I wonder how that affects our investment strategies. Suppose it takes another 5 years to finally break apart... but what happens if you loose your job next year?

[chad]

it appears the plan is to just drag this out forever. no sudden crashes, just a slow willowing of the country until nothing is left.


This is what I've been suspecting for years, no crashes forthcoming just a slow demise grinding into the ground kosher style.


I wonder how that affects our investment strategies. Suppose it takes another 5 years to finally break apart... but what happens if you loose your job next year?


that's the plan. they'll break everybody by the end of five years. even the strong hands will have to start selling when a ham sandwich costs $10 and a gallon of gas is $12.50.