very risky. giving more power to the banks who completely caused the previous reccession by lobbying on the complete deregulation of the derivitatives market and then taking NO accounability for its failure. Governments then have to bail out these banks raising their defecits which then leads to the right wing once again, using their huge policical and economic power, to force an agenda to cut public spending to remove such deficits and then debts. The welfare state needs to be revived for all.
@SalsaTiger83, I don't know what dimension you live in but in the real world the economy sucks, unemployment is high while prices are starting to soar and one out of every seven Americans is on government assistance.
And that's after trillions spent and QE1 ... which didn't work so we "needed" QE2 ... which didn't work so they're floating "QE3"
Know the definition of insanity?
Of course, you can sing kumbaya and call it a hypothesis.
I WOULD LIKE TO SEE A VIDEO ON INFLATION AND THE IMPLICATIONS OF MONEY PRINTING IE WHO ARE THE BENEFICIARIES AND SUCH BECAUSE NON OF THESE LEFT WING INFLATIONISTS SEEM TO UNDERSTAND
I wonder where Khan stands on personal liberty. Maybe locking people up for putting something "not approved" into their own bodies can also be justified by Keynesian utopia? What you are missing is the fact that the demand is only real demand when someone is actually willing to give you something real (a product for example) in exchange for your product, not just printed paper. Demand is demand and any government intervention can only provide a temporary illusion of the change in demand
Lol, out of all people, you should grasp that the recession was caused by the boom which was caused by low interest rates and government intervention in lending practices. Recessions don't just fall from clear sky, they are caused by something. One could say that pissing against the wind causes recessions
QE is crap and is a total failure (again). When Timmy and Benny print money, all it does is devalue the dollar so that a hidden tax is imposed on EVERYBODY. It's real simple folks! BUSINESSES create jobs! BUSINESS drives the economy! NOT government. All the government can do is muck it up even worse. RES IPSA LOQUITUR! (At least it should be to anybody who's mind hasn't been fogged.)
@bigmagumba Why is it failure? Your reason is not a reason but another hypothesis, which I neither believe to be true nor do I believe it would be a valid reason for your argument if it were true.....
What is really eluding me is whether QE is good or bad. I hear lots of opinions, but very little reason. To me it looks a little like the US can import goods much cheaper because of that, until there is a breaking point where this stops working. However, when is this breaking point going to be and would the rest of the world get their money back or would they have to cut their losses?
@SalsaTiger83 It will actually make imports more expensive because the exchange rate will adjust much quicker than most people's salaries.
Also, the whole idea of "stimulating" the economy through money-printing is based on the fallacious Keynesian notion that economic growth is driven by consumption. Real economic growth is driven by PRODUCTION.
@617stork The idea of imports becoming more expensive hinges on the debt being payed back at the end and there being some alternative to the US Dollar. I totally don't see either assumption being guaranteed.
Quantitative easing is what is destroying this country. We are goign to have hyperinflation exactly because of THIS very principle in fractional reserve banking that he is presenting. It is a terrible tragedy that we ever had a central bank with so much power.
Qe2 has nearly finished it's course, look for qe3 by august. The federal reserve is not federal & there's nothing in reserve. Bring back honest money of lawful value. As required by the constitution
LIQUIDITY TRAP BHAHHAHA
iFullMetalJacket 6 months ago
very risky. giving more power to the banks who completely caused the previous reccession by lobbying on the complete deregulation of the derivitatives market and then taking NO accounability for its failure. Governments then have to bail out these banks raising their defecits which then leads to the right wing once again, using their huge policical and economic power, to force an agenda to cut public spending to remove such deficits and then debts. The welfare state needs to be revived for all.
Kunguskang 6 months ago
. . . Wouldn't this inherently cause inflation?
Acerola211 7 months ago
Is this what they are going to do if they have QE3?
and1tanker 7 months ago
@ Melthornal ... get a grip!
bigmagumba 8 months ago
@SalsaTiger83, I don't know what dimension you live in but in the real world the economy sucks, unemployment is high while prices are starting to soar and one out of every seven Americans is on government assistance.
And that's after trillions spent and QE1 ... which didn't work so we "needed" QE2 ... which didn't work so they're floating "QE3"
Know the definition of insanity?
Of course, you can sing kumbaya and call it a hypothesis.
bigmagumba 8 months ago
great vid
MogTrader 9 months ago
I WOULD LIKE TO SEE A VIDEO ON INFLATION AND THE IMPLICATIONS OF MONEY PRINTING IE WHO ARE THE BENEFICIARIES AND SUCH BECAUSE NON OF THESE LEFT WING INFLATIONISTS SEEM TO UNDERSTAND
2leet2cheet 9 months ago
I wonder where Khan stands on personal liberty. Maybe locking people up for putting something "not approved" into their own bodies can also be justified by Keynesian utopia? What you are missing is the fact that the demand is only real demand when someone is actually willing to give you something real (a product for example) in exchange for your product, not just printed paper. Demand is demand and any government intervention can only provide a temporary illusion of the change in demand
johammbass 9 months ago
Lol, out of all people, you should grasp that the recession was caused by the boom which was caused by low interest rates and government intervention in lending practices. Recessions don't just fall from clear sky, they are caused by something. One could say that pissing against the wind causes recessions
johammbass 9 months ago 2
This has been flagged as spam show
Ron Paul 2012
PEDLIFE 9 months ago 2
QE is crap and is a total failure (again). When Timmy and Benny print money, all it does is devalue the dollar so that a hidden tax is imposed on EVERYBODY. It's real simple folks! BUSINESSES create jobs! BUSINESS drives the economy! NOT government. All the government can do is muck it up even worse. RES IPSA LOQUITUR! (At least it should be to anybody who's mind hasn't been fogged.)
bigmagumba 9 months ago 2
@bigmagumba Why must you be so arrogant?
Melthornal 9 months ago
@bigmagumba Why is it failure? Your reason is not a reason but another hypothesis, which I neither believe to be true nor do I believe it would be a valid reason for your argument if it were true.....
SalsaTiger83 9 months ago
What is really eluding me is whether QE is good or bad. I hear lots of opinions, but very little reason. To me it looks a little like the US can import goods much cheaper because of that, until there is a breaking point where this stops working. However, when is this breaking point going to be and would the rest of the world get their money back or would they have to cut their losses?
SalsaTiger83 9 months ago
@SalsaTiger83 QE is directly debasing the currency. Since it is a fiat currency, they can effectively do it until it is worth nothing
rugbyf0rlife 9 months ago
@SalsaTiger83 It will actually make imports more expensive because the exchange rate will adjust much quicker than most people's salaries.
Also, the whole idea of "stimulating" the economy through money-printing is based on the fallacious Keynesian notion that economic growth is driven by consumption. Real economic growth is driven by PRODUCTION.
617stork 9 months ago
@617stork The idea of imports becoming more expensive hinges on the debt being payed back at the end and there being some alternative to the US Dollar. I totally don't see either assumption being guaranteed.
SalsaTiger83 9 months ago
Quantitative easing is what is destroying this country. We are goign to have hyperinflation exactly because of THIS very principle in fractional reserve banking that he is presenting. It is a terrible tragedy that we ever had a central bank with so much power.
Lunartechno 9 months ago 2
It would be easier leagalizing bank robbery, and we will never have recession.
glassvision 9 months ago 2
abolish the FED !!
harj2009 9 months ago
Qe2 has nearly finished it's course, look for qe3 by august. The federal reserve is not federal & there's nothing in reserve. Bring back honest money of lawful value. As required by the constitution
YKAEYA 9 months ago
QE is stealing from anyone who saves in that currency
trexx32 9 months ago
low audio..
nicochunger 9 months ago
@nicochunger nope
rsfighting1 9 months ago
infinite growth is not possible in a finite world.
amyntazoe 9 months ago