Comments on: Felix TV: Why QE isn’t working A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: zinkus Thu, 18 Nov 2010 22:45:05 +0000 So ok the US exhuberance is cute, but I still think Robert Peston should sue

By: Developer Wed, 17 Nov 2010 15:59:05 +0000 Another great video, I like how the content is easy to understand.

By: nyet Tue, 16 Nov 2010 22:04:05 +0000 Baloney!

Bernanke is not causing this uncertainty.

Fundamentally it comes from the unsustainablility of Chimerica, with its imbalances and currency pegs (across Asia).

That means growth over the next five years can’t come from the sources it came from over the previous five years.

It’s specious to blame this on QE2.

On the contrary, QE2 may signal the turning of the imbalances ‘titanic’ – in a constructive sense. We need to move, there is resistance in all directions except this one. Yes, hairy. But in the medium term, constructive and necessary. (You really should read Michael Pettis).

By: Egocrata Tue, 16 Nov 2010 21:05:05 +0000 Corporate America is worried? The same corporate America that is scared to death of socialist presidents and tax increases while they have their biggest earnings season in ages? Really?

Look, if they are worried, this thing is working. We want them to think that what they are doing now (sit in cash, do nothing) is not going to work, as inflation chips it away. If they move their money to Brazil, fine – lowering the value of the dollar works for us, as well. The current cycle of “inaction is safe” needs to be broken – and nothing will do that better that making cash burn in your pocket.