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09-13-2012, 02:27 PM
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#1
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Join Date: Apr 2003
Location: Concord NH
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QE 3 Thread
Bad idea? Good idea? Election manipulation?
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09-13-2012, 03:52 PM
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#2
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Join Date: Aug 2012
Location: Grand Portage, MN
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Quote:
Originally Posted by Swerve22
Bad idea? Good idea? Election manipulation?
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I'm on the fence on this one. I can see the benefit in terms of adding the near-0 or 0 percent bonds that they can turn around and unload with the promise of higher interest rates starting 2014-15, and at the same time capitalizing the market now. And it was predicited as far back as 2009, so I don't really see it as attempting to manipulate the election per-say. However, the timing really benefits Obama.
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09-13-2012, 04:38 PM
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#3
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ONE NATION UNDER GOD!!!
Join Date: Jan 2008
Location: Dixieland
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This is where I'd normally post a print more money pick but Corp don't like pics anymore so....
:political pic:
__________________
“The bottom line is, the people want the truth. They want to know how and why four innocent Americans were killed last September in Libya.
They want to know how the IRS became a political arm of the White House during a heated re-election campaign and they want to know their first amendment rights to freedom of the press are still intact.” - Rep Doug Collins
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09-13-2012, 05:15 PM
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#4
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POOP
Join Date: Jun 2009
Location: Orange County
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step in the right direction but not aggressive enough
from the statement:
If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability.
If the last bit about price stability were removed this would be much more effective.
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09-13-2012, 08:46 PM
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#5
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Mind Erasure
Join Date: May 2001
Location: Lost...In a Lost World
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Quote:
Originally Posted by licence2kill
step in the right direction but not aggressive enough
from the statement:
If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability.
If the last bit about price stability were removed this would be much more effective.
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You take issue with measuring labor market improvement by means of price stability?
__________________
It's called the American Dream because you have to be asleep to believe it
O you who believe! Be mindful of God and give up what remains of riba if you are believers. If you do not do so, then receive a declaration of war from God and his Messenger. But if you repent, you shall have your capital sums. You do not deal unjustly and you are not dealt with unjustly
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09-13-2012, 10:37 PM
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#6
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ONE NATION UNDER GOD!!!
Join Date: Jan 2008
Location: Dixieland
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This koolaid tastes like inflation!
__________________
“The bottom line is, the people want the truth. They want to know how and why four innocent Americans were killed last September in Libya.
They want to know how the IRS became a political arm of the White House during a heated re-election campaign and they want to know their first amendment rights to freedom of the press are still intact.” - Rep Doug Collins
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09-13-2012, 11:10 PM
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#7
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lapping your tears
Join Date: Jun 2004
Location: 765-IN
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The hyper inflation is coming and this time it's for real!
__________________
Overbear: better 10 innocent men be convicted, than a single guilty man go free to commit more crime.
Overbear: I prefer that I be given a license to shoot anyone who would pick socialism or communism over the basic freedoms inherent to consumerism.
MatrixBaller04 AKA EricS6661: I can guarantee something will happen between now and February 9th.
yesme: i'm not saying you should invest in gold first off, you would be much better off to invest in food,stuff you use and will keep for a couple of years, like razors
Blake360: in highschool, my teacher's father worked for the CIA and she brought my class documents proving the Roswell crash was of extraterrestrial origin.
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09-13-2012, 11:16 PM
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#8
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ONE NATION UNDER GOD!!!
Join Date: Jan 2008
Location: Dixieland
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Quote:
Originally Posted by AlphaNeo36
The hyper inflation is coming and this time it's for real!
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0/10
__________________
“The bottom line is, the people want the truth. They want to know how and why four innocent Americans were killed last September in Libya.
They want to know how the IRS became a political arm of the White House during a heated re-election campaign and they want to know their first amendment rights to freedom of the press are still intact.” - Rep Doug Collins
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09-13-2012, 11:59 PM
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#9
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POOP
Join Date: Jun 2009
Location: Orange County
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Quote:
Originally Posted by StellarKnight
You take issue with measuring labor market improvement by means of price stability?
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ok I'm imagining a phillip's curve, which shows you how increased spending on output (consumption and investment) effects the economy; via increased output and/or inflation.
So because this crisis has lingered for so long I'm a little worried about hystersis, which is cyclical unemployment which has become structural. So while I think most of the increased spending on output will be realized as increased output, I think we might have to tolerate higher inflation levels than the Fed is comfortable with to raise the employment to population ratio back to its pre-crisis state.
So by signaling that this will all be accomplished within the "context of price stability" (which in the past has meant 2% inflation, but its vague) I think we're getting less of a boost than we otherwise would have and need.
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09-14-2012, 12:00 AM
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#10
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POOP
Join Date: Jun 2009
Location: Orange County
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But open ended QE is still a huge step in the right direction.
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09-14-2012, 03:47 AM
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#11
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lulz
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09-14-2012, 04:19 AM
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#12
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Join Date: Jun 2006
Location: Socal
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Quote:
Originally Posted by licence2kill
But open ended QE is still a huge step in the right direction.
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I guess if you're an enemy of America and you wanted it to fail you would be right about that.
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09-14-2012, 04:50 AM
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#13
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Half-cocked
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Quote:
Originally Posted by Blake360
I guess if you're an enemy of America and you wanted it to fail you would be right about that.
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Bet your participation in this forum on it.
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09-14-2012, 04:54 AM
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#14
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Join Date: Jun 2006
Location: Socal
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Quote:
Originally Posted by drgonzo
Bet your participation in this forum on it.
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You won't be able to figure out right away if it fails because in the short term it might give an artificial boost in the economy because they're only printing fake money, only in the long term do you find out that it failed.
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09-14-2012, 06:58 AM
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#15
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secedere
Join Date: Oct 2007
Location: FL/GA border
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So is it time for me to incorporate, get that business loan, and buy a trailer park?
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09-14-2012, 08:15 AM
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#16
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His Imperial Majesty
Join Date: Feb 2009
Location: Addis Ababa
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Quote:
Originally Posted by $h@key J0nEZ
I HAVE NOTHING TO CONTRIBUTE.
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Neat.
__________________
Magen VeLo Yera'e
Throughout history, it has been the inaction of those who could have acted; the indifference of those who should have known better; the silence of the voice of justice when it mattered most; that has made it possible for evil to triumph.
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09-14-2012, 08:19 AM
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#17
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Join Date: Mar 2009
Location: Oxford Trails of Doom
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printing money to prop up the failing economic policies of this administration will only cause further massive inflation. You think $4.00 gas is bad now...
They can now spend $40,000,000,000.00 a month which they PRINT out of thin air.
This will cause massive inflation, and since oil is tied to the dollar, we will see it first with our fuel costs, and since we now BURN our corn as fuel (government mandate of ethanol in every gallon of gas), it will also affect us at the grocery store.
This is a tax on the middle class. Your dollar will do LESS than it did before this latest "stimulus".
This is further "keynesian" ideology. It fails, and liberals say it works...
We have 4 years of this garbage and we are worse off, but hey, if Obama says it is good, then many will believe him. Especially when the liberal media agrees...
Hard to believe people look at liberals words instead of their own checkbooks.
__________________
Trails of Doom Stickers on Ebay!
Last edited by FreeEnterprise : 09-14-2012 at 08:22 AM.
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09-14-2012, 08:19 AM
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#18
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Mind Erasure
Join Date: May 2001
Location: Lost...In a Lost World
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Quote:
Originally Posted by barrel roll
So is it time for me to incorporate, get that business loan, and buy a trailer park?
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If you move here to KS and incorporate, you'll pay an effective 0% income tax as a corporation. Plus, we have the added benefit of regular tornadoes which seem to be unnaturally attracted to trailer parks. Insure yourself proper and you'll be set.
__________________
It's called the American Dream because you have to be asleep to believe it
O you who believe! Be mindful of God and give up what remains of riba if you are believers. If you do not do so, then receive a declaration of war from God and his Messenger. But if you repent, you shall have your capital sums. You do not deal unjustly and you are not dealt with unjustly
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09-14-2012, 08:38 AM
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#19
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Quote:
Originally Posted by AlphaNeo36
The hyper inflation is coming and this time it's for real!
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You should run for the position of jesus of the liberal overlords as you're prophetic.
Quote:
Originally Posted by FreeEnterprise
printing money to prop up the failing economic policies of this administration will only cause further massive inflation. You think $4.00 gas is bad now...
They can now spend $40,000,000,000.00 a month which they PRINT out of thin air.
This will cause massive inflation, and since oil is tied to the dollar, we will see it first with our fuel costs, and since we now BURN our corn as fuel (government mandate of ethanol in every gallon of gas), it will also affect us at the grocery store.
This is a tax on the middle class. Your dollar will do LESS than it did before this latest "stimulus".
This is further "keynesian" ideology. It fails, and liberals say it works...
We have 4 years of this garbage and we are worse off, but hey, if Obama says it is good, then many will believe him. Especially when the liberal media agrees...
Hard to believe people look at liberals words instead of their own checkbooks.
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One of these days you'll have to show me how they print something from air. That's one trick my liberal overlords haven't show me yet.
As for QE3, I predict it'll have much the same effect as the last two, string us along with just enough to avoid the "impending crisis."
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09-14-2012, 09:12 AM
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#20
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Romney & Ryan
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Quote:
Originally Posted by Tafari Makonnen
I created this account to troll.
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Neat.
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09-14-2012, 09:28 AM
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#21
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Quote:
Originally Posted by StellarKnight
If you move here to KS and incorporate, you'll pay an effective 0% income tax as a corporation. Plus, we have the added benefit of regular tornadoes which seem to be unnaturally attracted to trailer parks. Insure yourself proper and you'll be set.
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Well then it is clear that tornados have a conservative bias.........when choosing targets.
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