Jump to content



Photo

Bernanke has crushed inflation


  • Please log in to reply
1 reply to this topic

#1 stocks

stocks

    Member

  • Traders-Talk User
  • 3,008 posts

Posted 14 December 2011 - 09:43 AM

Bernanke has crushed inflation.

When he took over in 2006 the crb was 340 and it is now 300, 5 years later.

 War is peace, freedom is slavery, ignorance is strength

 

 

 

 


#2 stocks

stocks

    Member

  • Traders-Talk User
  • 3,008 posts

Posted 16 December 2011 - 01:16 PM

QE is not “money printing”.

Banks never lend reserves. Loans create deposits. The money multiplier is a myth. This is why QE1 and QE2 did not cause a surge in loans or inflation.

The wealth effect in equities is a myth.

The portfolio rebalancing effect of QE can cause substantial disequilibrium in the economy.

QE does not alter the number of net financial assets outstanding in the private sector.

What is QE?

 War is peace, freedom is slavery, ignorance is strength