Comments on: Suddenly, quantitative easing for the people seems possible http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/ Sat, 03 Jan 2015 16:42:55 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: keebo http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-1145 Wed, 04 Sep 2013 14:15:48 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-1145 Idiotic nonsense, these guys believe our material goods come from behind a magic door that only needs free money to open it. Fools – all true commerce involves human interaction based on fair trade and these guys only want to add to the sum of corrupt practices created by the stupid and the scum in our society. I can only attribute this line of thought to low intellect and short sightedness.

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By: Becktemba http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-1072 Mon, 29 Jul 2013 17:24:22 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-1072 Lower the tax rate. Stimulate the economy.

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By: DTobias18 http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-1064 Sun, 28 Jul 2013 03:57:15 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-1064 How would the Fed eventually take the liquidity out of the system? Right now the Fed doles out cash to banks by purchasing bonds from them; when the Fed eventually wants to end QE and pull the liquidity out of the system, it will begin selling those bonds back to banks and deducting the cash from their accounts at the Fed. How would this be done with individuals in such a controlled manner?

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By: Kamac http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-932 Thu, 25 Apr 2013 21:02:18 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-932 The Uk government should have given QA money to the poor not the banks and other institutions . They have simply held on to it . If you give money to the rich they simply stash it with their other funds. The poor however immediately spend it as their spending has been restrained, people like those on benefits and pensioners will immediately inject the money into the real economy this will increase confidence in demand levels for SME s they will hire more and invest more in production this further boosts confidence and lowers the benefit budget whilst increasing tax revenues. Net result increased confidence,reduced welfare costs healthy growth and controllable inflation level.
Japan have experienced years of austerity to no avail. Any government with the courage to do this will automatically be returned to power with a massive landslide .

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By: broadslade http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-867 Fri, 22 Mar 2013 18:34:51 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-867 Sounds like common sense to me. Everyone would use the money in their own way….some would go spend it, some would pay down debt, but I doubt if many would save it after what happened to our savings in 2008. But I wonder if the governments might fear doing that after all money is power and giving power to the people flies in the face of what they seem to be doing which is taking power away from the people. The amount of profits corporations have made out of the misery of the people is quite sickening and so very short sighted. All I can see is greed, greed and more greed and it can only last so long….past civilizations have learned this to their demise. Some great ideas here from everyone, our misery could be reversed in a stroke.

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By: breezinthru http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-387 Tue, 14 Aug 2012 11:53:48 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-387 jbeech has the best idea I’ve seen. Another idea would be to use QEP to write down principal on mortgages to fair market value.

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By: Y-patia1 http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-385 Tue, 14 Aug 2012 07:34:18 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-385 Politicians in charge know all too well what to do OR NOT DO in this game of redistribution that debt and depression have evolved. They have plenty of technical support and knowledge themselves. Your solution or even debt canceling – which will prevent the hoarding effect swallowing the money injection – will not go down very well with any of these.We loose individual disposable income through wage reductions, deflation and higher taxes so that the banks get recapitalized at our expense.They keep the system running so that bank insolvency does not create rampant deflation erasing too much wealth but their relative position through gold and raw materials appreciation and devaluation of non-liquid assets becomes stronger every day.In Europe debt canceling through buying government bonds would work miracles.But who wants it?

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By: Houserich http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-384 Sun, 12 Aug 2012 14:56:10 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-384 China would love us!

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By: jbeech http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-375 Sun, 12 Aug 2012 01:08:27 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-375 Why not allow the Fed to refinance folks (in good standing on their mortgages) at the 10-year treasury rate? The asset, the home, would continue to secure the loan while the reduction in interest rate would result in a halving, or more of the monthly payment. In turn, folks would begin spending again as they would soon feel ‘rich’ enough to stop being afraid. This is how you create jobs. A side benfit is Fannie/Freddie get paid off and we taxpayers are let off that hook as well. Sleight of hand? Of course, but at least this gets folks spending again.

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By: richwell http://blogs.reuters.com/anatole-kaletsky/2012/08/09/suddenly-quantitative-easing-for-the-people-seems-possible/#comment-371 Sat, 11 Aug 2012 15:18:30 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=72#comment-371 Commenter “rapier” questions how the Fed could hand over cash without collateral. There would probably have to be an intermediary which would issue bonds for the Fed to buy with “printed” money. “lotusandjoe” suggest writing down underwater mortgages. Indeed, the intermediary could pay off the underwater portion of mortgages and then some, but this could not, should not, be a giveaway, but rather a low-interest (2%) loan such as Martin Feldstein proposed in 2009. This should all be part of a larger solution to clean up the mortgage system and the overhang of toxic CMOs.

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