2011-0530-dollar-debasement-Youtube.mp4

QE2 was an abject failure. We now have it in the bag, along with the impact on the currency and markets. 20% debasement (roughly) of the dollar, 20% increase in the stock market - net zero. But look at necessary commodities. Oops. Discussion is here: http://market-ticker.org/akcs-www?post=187182

Category:

News & Politics

Tags:

• bernanke
• federal reserve
• fed
• economy
• obama
• qe2
• fail
• crisis
• economic
• freedom
• commentary

[Unkn0wnGuy]

bernanke and geitner disliked this video

[pfcwar5150]

Quantitative Easing,...Brought to you by the makers of K Y Jelly......Feel the ease.

[bastardchildofmary]

@pfcwar5150 KY? I don't think so, its being done to us dry!

[secretbonus]

However dont confuse dollar strength being good with "not painful" as we certainly will have to experience pain as the #1 debtor nation in the world. The idea that inflation transfers wealth from savers to debtors is true to some degree, but deflation transfers it from debtors, so someone is going to lose either way.Being that we have a balance sheet recession, the most productive thing would be in fact to hike rates, get inflows of capital, and THEN start lending once balance sheets are healthy

[secretbonus]

Globally higher interest rates encourages capital to concentrate into the US. Higher interest rates is actually inflationary though because with higher interest rates payments, the government goes into debt and since they issue so many bonds in doing so, they have greater incentive to inflate their payments away. The banks have to lend with higher interest rates to get the savers (their liability) off the books, and the government has the same motivation and they are on the same page.

[secretbonus]

Bernanke is smart when it comes to an "in theory" domestic economy, but it has no basis in reality in a global economy. More exports and debasement of our currency just accelerates the flow of wealth out of this country. Higher interest rates and dollar strength are GOOD. Even though domestically they may discourage borrowing (although that also is more 'in theory' then reality as the bankers have more incentive to lend more when interest rates are high to get savers $ off the books)...

[dowjones20000]

Hey goofball. When are you shutting down that bi polar hybrid rag ticker forum? OMG it's math.

[DefenceSpeech]

What are your views on speculation in the oil market?

[seanlaca]

They're going to raise the debt ceiling as Congress gives in to the threats of Geithner, Moody's, and the rest of the Wallstreet financial terrorists. And there will be QE3 because people will begin to panic as the Dow continues to plummet from now to August.

THE BLACK HORSEMAN COMETH -- "They will pay their days wages for a morsel of wheat and barley."

[cresidue]

Excellent video & explanation, but MOST people will never understand this nor will they know what to do to stave off the US $'s collapse. :(

[desertgreek]

@Lepiratepoulpe allways have enough to get thru a couple of months, but then what, if you need more than that its over for any quality of life.

[robertplant634]

@desertgreek sounds like rapid inflation to me... increase in money supply = lower dollar = inflation. that's economics 101. inflation is a lot higher than the 'core inflation' that the fed talks about, which excludes food and energy. there is a lag between quantitative easing and inflation. the real effects of all that money printing are yet to be felt.