Do you have adblock enabled?
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(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   ( divider line
    More: Interesting, Federal Reserve, balance sheets, stimulus program, TALF, note, quantitative easing, dollars, employees  
•       •       •

2030 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)
View Voting Results: Smartest and Funniest

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%

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
Displayed 5 of 5 comments

View Voting Results: Smartest and Funniest

This thread is archived, and closed to new comments.

Continue Farking

On Twitter

Top Commented
Javascript is required to view headlines in widget.
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.