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(Demonocracy)   Federal Reserve's lies about 'job growth' through the massive QE 1, 2, 3, stimulus programs and the $4 trillion balance sheet visualized in $100 bills   (demonocracy.info ) divider line
    More: Interesting, Federal Reserve, balance sheets, stimulus program, TALF, note, quantitative easing, dollars, employees  
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2018 clicks; posted to Business » on 08 Oct 2012 at 8:43 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
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2012-10-08 08:57:34 AM  
3 votes:
Stupid article is stupid.

QE was absolutely the right thing to do because that's the quickest most effective way to halt deflation, which we experienced in early 2009. Also, in an economy where overleveraging has caused a credit crisis, the thing to do is print money to make deleveraging easier. It has the drawback of letting people who overleveraged themselves off the hook easier than otherwise, but that's better than the negative feedback of deflation.
2012-10-08 08:41:10 AM  
3 votes:
I like how $100 million is "plenty to go around for everyone", rather than "about 30 cents for each American".
2012-10-08 11:57:23 AM  
1 vote:

fickenchucker: Kinda weird how the same people doing this and courting out-of-control inflation are the same ones supported by the OWS protesters.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2012 2.93% 2.87% 2.65% 2.30% 1.70% 1.66% 1.41% 1.69%


OUT OF CONTROL!
2012-10-08 09:37:15 AM  
1 vote:

Pick: Inflation is great if your wages increase accordingly. But that seldom happens. That's why I am a big fan of deflation.


Until people stop buying whatever it is you sell because they know you'll have to lower the price later.
2012-10-08 08:42:50 AM  
1 vote:
hey giving it to individuals is both! I'll buy an iPad or something.. that creates jobs right?

/in china
 
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