Comments on: Fed is split but QE2 looks a done deal Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: Nexus7 Tue, 09 Nov 2010 04:55:21 +0000 “I think in late 2011 or 2012 we will look back on QE2 and either say “what a good idea” or “boy was that dumb”.

Not a chance, you know what the average American will be saying then?
“Waa waaa waaa!” followed by “how do we deal with this In a forward looking fashion?”
Right now, how many people are truely saying “3 trillion in new spending was really dumb”?
None. & 90% don’t even know that we have FNMA and FRE in conservatorship, and monitized their debt of 14trillion+. They’re always looking to fix a problem using the new “future plan” when all the answers are right there by analizing the past. History will repeat itself again. The federal govt knows clearly that their only escape is to massively devalue the dollar. Big suprise there. Been going on expotentially since 1964 ( & 1913 by some accounts)

$160 for 2 burgers w/drinks by 2015

By: stanrich Wed, 03 Nov 2010 01:21:09 +0000 I think in late 2011 or 2012 we will look back on QE2 and either say “what a good idea” or “boy was that dumb”.

There is no way at this point to say who is right or wrong, only time and the economy will tell. I suspect we will see a slight uptick in the economy that will appear to support QE2 followed by a huge jump in inflation that will make us look at the past two years as the “good old days” and send the Fed scrambling to reverse out-of-control inflation.

Long term, there is no way the Fed can print and inject money at this rate into the economy without setting off a nasty round of hyper-inflation. Just look at Germany in the 1920’s. Their situation then parallels ours today very closely.

The really sad part of this is how bereft of better ideas our leadership seems to be. Instead we are recycling old approaches to a very scary situation…

By: Gotthardbahn Tue, 02 Nov 2010 16:01:54 +0000 This QE II business is hopelessly wrong-headed, and really does call into question Mr. Bernanke’s fitness as Fed chief. The dissenters have it right and just because ‘the markets’ will be disappointed if the Fed doesn’t come through with a lot of easy cash, in no way implies that market players should always get what they want. Sometimes the Fed should just say no. Much better had Mr. Bernanke never mooted the possibilty of more easing in the first place.

By: yr2009 Mon, 01 Nov 2010 17:28:38 +0000 “The actual announcement on Nov. 3 marks only the beginning. Once the formal decision is taken, Fed Chairman Ben Bernanke has to sell the strategy to an increasingly skeptical investment community and public.”

The public is unlikely to buy it in any form, flavor, or color.
As for the Investment Community, they’ll buy anything, because they know they’re not going to be the ones paying for it.