San Fran Fed Chairman "QE3 likely needs to be expanded"

[Large Sarge]

http://networkedblogs.com/CC1Mm

[Neuro]

How can you expand on infinity?

[madfranks]

How can you expand on infinity?

Instead of $40 billion/month indefinitely just on mortgage securities, how about $100 billion/month indefinitely on mortgages, commercial loans, car loans, student loans, credit card loans, treasury debt, etc., etc.

[Neuro]

Instead of $40 billion/month indefinitely just on mortgage securities, how about $100 billion/month indefinitely on mortgages, commercial loans, car loans, student loans, credit card loans, treasury debt, etc., etc.
Yes, but as I understood it from the beginning there was no definitive limit to these $40 Billions to begin with, I read it to be whatever it takes forever...

[MNeagle]

How can you expand on infinity?

http://ts1.mm.bing.net/images/thumbnail.aspx?q=4789357419429968&id=d02de602434d4529e14f8359c801f68d


To infinity, and beyond!!





(Neuro, it references from the US movie Toy Story)

[singular_me]

I think max keiser is right, the big implosion will occur before the end of next spring. well I guess I have to plan a bigger green house this winter.

as a reminder:
Audit The Fed: Money Laundering Scheme Confirmed 50 Trillion Dollars! Video’s
As Blackheath outlines, the “deception and cover” for this transfer is the imaginary seizure of 750,000 tons of gold by agents of an unspoken entity (confirmed by the highest official sources as the Bush family and CIA), the listed “source” of the money.

http://youtu.be/ShepHdVcuCA


Largest International Money Laundering Network in History Formed During Obama Admin as of 4/23/12

http://youtu.be/poQK0nEqvrc

or
http://beforeitsnews.com/fedgate/2012/09/audit-the-fed-discovered-mainstream-media-blackout-money-laundering-scheme-confirmed-50-trillion-dollars-videos-2431900.html

[gunDriller]

I think max keiser is right, the big implosion will occur before the end of next spring.

why go looking for lilacs, when you're lying in a bed of roses ?

old Joan Baez song ...


why go looking for DOOOM when you're living with DOOM ?

i think it is natural to expect a rapid disintegration.

but - a 1% change, per day, repeated for 100 days - is way over 100%.


beyond the normal seasonal problems (e.g. drought, corn prices, farmers literally feeding the cows surplus gummi bears to go with their 'normal feed', no corn feed at all in some places this year), i would say that we are living in a time of rapid change/ disintegration that doesn't feel rapid because -
A/ it's at the 1% a day rate (ballpark estimate), which doesn't feel like Rapid DOOOM,
B/ our social structures retain a resemblance to yesterday's social structures.


the US economy has been in a state of increasing Depression the last 4 years, though the MSM maintaineth a Happy Face.

3% annual increase in GNP, + annual price increases on the order of 10% (conservatively), means the economy in real terms is shrinking at the rate of 7%+ a year - and has been for 4 years. since 2008, when the real estate bubble for sure popped.

if your salary was going up at the rate of 3% a year - and your expenses were going up at the rate of 10% a year - you'd be sinking at the rate of about 7% a year, on a micro scale. the same math applies to the US economy on a macro scale.


because the US economy has so much fat in it (if you're living like a king, and you lose half of what you got - you're still living like a prince - or something !), and because US citizens are so easily pacified by iPods & iPhones, it doesn't SEEM so bad, for a lot of folks.