"QE Lite" followed by "QE2"

[Mega]

Yep, agree with the thoughts:-
http://www.zerohedge.com/article/gol...eaded-double-d
Mike

[Starving Steve]

Re: "QE Lite" followed by "QE2"

Goldman Sachs wrote this article? --- the GS in NYC that runs Wall St and sucks-off info and bail-outs from the Fed?

Why aren't students in the U.S. now rebelling? Why aren't they mocking their economics professors? Why the stories on CNN and FOX about homo-sexual marriage being repealed in California when the real story of our time goes uncovered: How are we going to eat five years down the road when the world is in economic turmoil? What is going to happen to our savings? How does the Fed paint itself out of this corner? Who can buy $10 trillion in U.S. Treasury debt when there isn't $10 trillion in the world to buy anything with?

Hyper-inflation in Germany paved the way for Hitler and his filth. Is that our future? With the entire world's monetary system resting on the U.S. dollar and little more than that, is hyper-inflation and fascism in the world's future?

Starving Steve's same old dumb questions: Why is Bernanke still at the Fed? Why did Obama re-appoint Bernanke? How many more monetary failures is it going to take in order to call this "a disaster"? What makes the Demos any different than the Republicans? Why did the Demos hold Bernanke over at the Fed, a Bush appointment to the Fed? How much more of the Fed do we have to take? How long does this Great Recession go on? What happens next to us?

[Mega]

Re: "QE Lite" followed by "QE2"

You ask good questions Steve, so do others of the same mind as you:-
http://maxkeiser.com/2010/08/08/ote6...hter/#comments

Mike

[Mega]

Re: "QE Lite" followed by "QE2"

Yep, London's MI6 agent confirms:-
http://www.telegraph.co.uk/finance/c...ankes-QE2.html

"QE lite" to "Test the waters" (Or China?)
Mike

[ThePythonicCow]

Re: "QE Lite" followed by "QE2"

Goldman Sachs wrote this article? --- the GS in NYC that runs Wall St and sucks-off info and bail-outs from the Fed?

So .. my paranoid hunch of the moment is that Goldman Sachs has now or is about to go "short the world" and then blow things up ... er eh down ... real good ... er eh bad. But they are setting us up to feel the crash is "our own fault" for we objected to the QE medicine.

[ThePythonicCow]

Re: "QE Lite" followed by "QE2"

Yep, agree with the thoughts:-
http://www.zerohedge.com/article/gol...eaded-double-d
Mike

I especially enjoyed this bit from that ZeroHedge article you linked:

Of course, those reading this blog are fully aware that the fake economic sugar high achieved over the entire past 2 year period is what accountants would consider a non-recurring, one-time item achieved in the face of a deflationary tide, interspersed with ever more desperate attempts by the Fed to stimulate (hyper)inflation. And the closer we get to the imminent realization that as tens of trillions of debt need to be eliminated (and guess what that means for a like amount in underwater equity value) before any form of self-sustaining growth can be achieved, the more likely it becomes that the Fed will commit to the nuclear launch codes which will eventually destroy the US currency, in what many have pegged as hyperinflation for the items we need, and hyperdeflation for the items that nobody really cares about: an outcome which will make the Schrödinger Cat nature of our economy apparent in its final wave function collapse, with the only difference that the US economy is dead in both worlds.