 Bernanke has crushed inflation, crb is down during his tenure |
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 Dec 14 2011, 09:43 AM
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 Member Group: Traders-Talk User Posts: 1791 Joined: 17-December 03 Member No.: 744  |
Bernanke has crushed inflation.
When he took over in 2006 the crb was 340 and it is now 300, 5 years later. -------------------- Defenders of the status quo are always stronger than reformers UNTIL the status quo self-destructs from its own corruption;
then the reformers are free to build on its ashes. Environmentalism is the religion of choice for urban atheists. |
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Dec 16 2011, 01:16 PM
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Member Group: Traders-Talk User Posts: 1791 Joined: 17-December 03 Member No.: 744 |
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? -------------------- Defenders of the status quo are always stronger than reformers UNTIL the status quo self-destructs from its own corruption;
then the reformers are free to build on its ashes. Environmentalism is the religion of choice for urban atheists. |
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Lo-Fi Version | Time is now: 23rd May 2013 - 08:10 PM |