Fed Prints more money in a last attempt to save Obama

Discussion in 'Politics' started by Jroc, Sep 13, 2012.

  1. Jroc
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    Jroc יעקב כהן Supporting Member

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    Your money will be worth less....40 billion a month, the presses are running over time with this bunch...This is unreal to me::eusa_eh:


    Fed Pulls Trigger, to Buy Mortgages in Effort to Lower Rates - Yahoo! Finance
     
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  2. Matthew
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    Matthew Blue dog all the way!

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    Inflation
     
  3. Shelzin
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    Shelzin Equal Opportunity Asshole

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    The Fed is not political and doesn't answer to the president. They are to congress... But congress doesn't seem to care. The Fed does whatever the hell the Fed wants to.
     
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  4. Moonglow
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    Moonglow Diamond Member

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    inflation is on it's way thanks to the drought, but you can blame Oblama it's okay.
     
  5. Moonglow
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    Moonglow Diamond Member

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    It's the feds money, they are simply trying to help the economy, finally. most people think they are using federal funds, which they are not. The big boys are putting out the dough.
     
  6. Shelzin
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    Shelzin Equal Opportunity Asshole

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    Oh? So they think devaluing the dollar even more than it has will make them money?

    That's of course assuming that it's the Feds money.

    I would like to note... If they are printing more money, it's not the Feds money. It's government money that isn't overseen by the government.

    You may be right... It might be the Feds money. But I doubt it.
     
  7. Jroc
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    Jroc יעקב כהן Supporting Member

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    Bernanke is also trying to save his own job...


    Romney confirms he'd replace Bernanke - The Hill's On The Money
     
  8. pinqy
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    pinqy Gold Member

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    hmmm weren't there cries about massive inflation after QE1 and QE2?

    Since the additional money isn't really circulating out into the consumer market, we won't see much inflation
     
  9. Jroc
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    Jroc יעקב כהן Supporting Member

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    Really? So we're just buying up tons of bad debt right?
     
  10. Shelzin
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    Shelzin Equal Opportunity Asshole

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    Eh... If it's not making it's way to the consumer market.... How is it helping the economy?
     
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