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Do you agree?
HustlinOwl
Member Posts: 953
in Tug Tavern
Do you agree? 7 votes
Yes
14%
1 vote
No
57%
4 votes
Pearl Necklace
28%
2 votes
Comments
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Write In: TDS
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I'm just glad that quantitative easing is back in style again.
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Of course you are. It's what your handler's always wanted.2001400ex said:I'm just glad that quantitative easing is back in style again.
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NoDo you agree?
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NoAt what point does everybody figure out this man is a child?
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lolHustlinOwl said:Do you agree?
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YesProbably would, but for the wrong reason...stock market total market capitalization is actually decreasing even as the indexes are going up because of corporate buy-backs. Companies are the biggest buyers of stock right now. Cutting interest rates incentivizes them to borrow more money to buy back more stock.
Cutting will also help companies some in exporting...our economy is actually holding up well but the rest of the world is hiding a mess. Interest rates are now just the mechanism Central Banks globally are using to devalue their currency and right now our currency is appreciating way too much because everyone else is cutting. Its absolutely nuts...Spain is basically bankrupt and borrowing money at negative interest rates. Greece is bankrupt and borrowing money for free. We are on much better economic footing yet we are paying 2% more to borrow money?
The Central Bankers are morons...they have dug themselves into a hole so large the last 10 years they don't know what to do.
