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Re: If You Traveled to a Parallel Universe Where Everything Was Backwards?
Posted by:
'Faid Not, Sporto
()
Date: December 08, 2014 03:55PM
Going to be ugly when it happens Wrote:
-------------------------------------------------------
> If you actually were a stock broker you'd know the
> Dow is only up because of all the fake money being
> pumped into the banks by the Federal Reserve.
The Fed ended its quantitative easing program on October 29, 2014, yet the market continues to soar. I guess that makes you...
that would mean that your parallel self would be traveling to your universe which would mean there would be and endless loop of traveling i fucking hate time and space.
If everything was backwards, it would mean we go from death to birth. Of course, living under those conditions, it would seem natural and we wouldn't know it was backwards. Perhaps, foretelling the future is merely remembering the dreams of our doppelgangers.
Edited 1 time(s). Last edit at 12/08/2014 04:46PM by Ugh the giant caveman.
Re: If You Traveled to a Parallel Universe Where Everything Was Backwards?
Posted by:
libs hate America.
()
Date: December 08, 2014 05:42PM
libs would love America, liberty and freedom. Believe in God, have family values, morals and ethics. Wouldn't be on welfare. Would take responsibility for their actions. Wouldn't be war mongerers. Wouldn't murder babies. Would let rapists die.
Re: If You Traveled to a Parallel Universe Where Everything Was Backwards?
Posted by:
I dig an economy
()
Date: December 08, 2014 06:05PM
'Faid Not, Sporto Wrote:
-------------------------------------------------------
> Going to be ugly when it happens Wrote:
> --------------------------------------------------
> -----
> > If you actually were a stock broker you'd know
> the
> > Dow is only up because of all the fake money
> being
> > pumped into the banks by the Federal Reserve.
>
> The Fed ended its quantitative easing program on
> October 29, 2014, yet the market continues to
> soar. I guess that makes you...
>
> Wrong!
Quantitative easing was the Fed program of buying US Treasury bonds (i.e. monetizing the debt). The fund rate, which is what the Fed charges banks to borrow money from each other is still at basically 0, so the Fed continues to drive money into the Stock Market as it remains the only way to get any return on investment.
The Fed is starting to resell/dump their US bonds onto the market, driving up the inflation rate to 4%. Something has to give. Either bond rates and inflation have to go up or the market has to come down. You can't have both without further Fed QE, which will eventually kill the US dollar as we now have trillions of extra dollars in the economy with no real value behind them other than the Fed printing them.
I'm loving the sky high market, but I'm not foolish enough to think there's anything behind it other than aggressive FRB policies and our fiat currency making it so. There's no real growth except as it comes from free money (i.e. 0% auto loans, 2.5% mortgage refi's, etc).
Re: If You Traveled to a Parallel Universe Where Everything Was Backwards?
Posted by:
'Fraid Not, Sporto
()
Date: December 09, 2014 10:44AM
I dig an economy Wrote:
-------------------------------------------------------
> Quantitative easing was the Fed program of buying
> US Treasury bonds (i.e. monetizing the debt). The
> fund rate, which is what the Fed charges banks to
> borrow money from each other is still at basically
> 0, so the Fed continues to drive money into the
> Stock Market as it remains the only way to get any
> return on investment.
What is 'fake' about this money 'the Fed continues to drive' into the stock market?
> The Fed is starting to resell/dump their US bonds
> onto the market, driving up the inflation rate to
> 4%.
The current US inflation rate is substantially less than 2%.
Re: If You Traveled to a Parallel Universe Where Everything Was Backwards?
Posted by:
innie outie
()
Date: December 09, 2014 11:09AM
If you add the 6 percent housing price appreciation for 2014 back in the CPI, the inflation rate would be over 3 percent. housing and shelter makes up 40% of the index. The real inflation rate is probably close to 4 to 5 percent. A lot of things like education, medical care, and housing are intentionally masked in the index.
Re: If You Traveled to a Parallel Universe Where Everything Was Backwards?
Posted by:
iLester
()
Date: December 09, 2014 11:14AM
Mortgagee Wrote:
-------------------------------------------------------
> iLester Wrote:
> --------------------------------------------------
> -----
> > The Fed is still buying MBS.
>
> If it did not, the US housing market would
> collapse.
Housing falls because of credit being too lax and losses start to accumulate. Banks tighten after they start to incur losses. They just raised the conforming limits and lowered downpayments to 3.5%.
Re: If You Traveled to a Parallel Universe Where Everything Was Backwards?
Posted by:
Mortgagee
()
Date: December 09, 2014 11:50AM
iLester Wrote:
-------------------------------------------------------
> Mortgagee Wrote:
> --------------------------------------------------
> -----
> > iLester Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > The Fed is still buying MBS.
> >
> > If it did not, the US housing market would
> > collapse.
>
> Housing falls because of credit being too lax and
> losses start to accumulate. Banks tighten after
> they start to incur losses. They just raised the
> conforming limits and lowered downpayments to
> 3.5%.
The Fed buying MBS helps maintain liquidity in the mortgage market.