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Re: Fed goes off the deep end

By: Decomposed in ROUND | Recommend this post (0)
Thu, 08 Mar 12 12:17 AM | 35 view(s)
Boardmark this board | De's Test Board 		Msg. 39472 of 45651
(This msg. is a reply to 39470 by lkorrow)
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Lkorrow,

re: "Federal Reserve officials are considering... print new money"

1) Does this surprise you?

2) Do you think rampant money printing will ever end?

3) What do you think of David Stockman's recent statement that it's nuts to be holding anything but cash? (Though, in fairness, what he was REALLY saying was that it is nuts to be in equities. Stockman even recommends holding some gold.)





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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Fed goes off the deep end
By: lkorrow in ROUND
Wed, 07 Mar 12 9:36 PM 		Msg. 39470 of 45651

Federal Reserve officials are considering... print new money to buy long-term mortgage or Treasury bonds but effectively tie up that money by borrowing it back for short periods at low rates.... to relieve anxieties that money printing could fuel inflation later, a fear widely expressed by critics of the Fed’s previous efforts to aid the recovery.

http://online.wsj.com/article/SB10001424052970204276304577265803925182234.html?mod=djemalertNEWS

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