QE3 -- Third Times' a Charm?

[lomiller]

Aren't they? What are the people saving in gold and silver doing then??

They keep them in various investments which as I've already shown grow significantly even after accounting for inflation.

In deflationary economy these investments would shrink in value so people hold onto their money (no investment or spending), which further enhances the deflation.

 

[kevsta]

for those who are possibly wondering what the real reasons for QEternity are, maybe because what the Fed say they are trying to achieve, and what they actually do doesn't seem to make very much sense..

why the Fed has another $3.9 trillion to print at least (and why it will blow up in their faces)

 

[jhunter1163]

The topic of this thread is not forum moderation; if you wish to discuss that, please start a thread in Forum Management. Also, the topic of the thread is not each other. Do not personalize your arguments, and remain civil and polite. Thank you for your anticipated cooperation.

Replying to this modbox in thread will be off topic  Posted By: jhunter1163

 

[Puppycow]

I think it will help the housing market to rebound.

Evidences!

http://online.wsj.com/article/SB10000872396390444868204578062310255566972.html

 

[kevsta]

Evidences!

http://online.wsj.com/article/SB10000872396390444868204578062310255566972.html

yes, this time will (surely?!!) be different

 

[Puppycow]

More evidences!

Home Sales Rising to Two-Year High Spur U.S. Growth: Economy

Americans bought new homes in September at the fastest pace in two years, another sign the industry whose decline was at the heart of the recession is bouncing back.

Sales climbed 5.7 percent to a 389,000 annual pace, the most since April 2010, following a revised 368,000 rate in August, figures from the Commerce Department showed today in Washington. The median estimate of 75 economists surveyed by Bloomberg called for an increase to 385,000.

Population growth and mortgage rates pushed to record lows by Federal Reserve purchases of housing debt are generating sales for builders like Toll Brothers Inc. (TOL) and spurring the three-year economic recovery. Housing starts in September jumped 15 percent to the fastest pace since July 2008, a report last week showed.

Long Live Ben Bernanke! Savior of the Economy! The New Maestro! Huzzah! Huzzah!