Business/Finance
See other Business/Finance ArticlesTitle: The FED (Wed. 9/18)
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Published: Sep 18, 2013
Author: moi
Post Date: 2013-09-18 14:35:07 by Jethro Tull
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Views: 102
Comments: 7
Today, the FED kept QE in place, despite the conventional wisdom that the economy is on the mend and a tapering of government bond buying would begin. This means interest rates will remain artifically depressed, and the value of any company on the DOW is completely unknown related to a monthly injection of $85 billion dollars per month. The news caused gold and silver to pop, while the 10-year T-bill tumbled. What this means to me is that Obamanomics has been a massive FAIL and out debt and deficits will continue to grow until this Wall Street bubble bursts. Look out below..... Post Comment Private Reply Ignore Thread
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“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
The light that burns twice as bright, burns half as long. - Dr. Eldon TyrellGodfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
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