The Greatest Economy of all Time Needs... QE4...

Discussion in 'Politics' started by The Banker, Dec 5, 2019.

  1. The Banker
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    The Banker Silver Member

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    The economy is booming!!! As the Trumpers like to say, even though the economic data is practically the same as Obama's and the deficit has exploded again, almost doubling Obama's 2016 annual deficit of $587 to over $1 Trillion, with deficits projected to be way over $1 T next yr and beyond.

    But that massive increase in deficit spending is not enough to prop up our fiat economy we also need another round of QE!!!

    We all heard the Trumpers whine and cry about QE under Obama, but I'm sure 99% of them won't cry now...

    Now why would the greatest economy of all time need quantitative easing, on top of all the increase in deficit spending?

    The FED was supposed to be reducing its balance sheet instead it is greatly expanding it to the tune of hundreds of Billions. They also expect QE4 to last at least until Q2 of next year.

    If you took away Trump's massive deficit spending and this latest QE 4 we would be in recession.

    You do realize we will have to pay for this some day right??

    Now we see why trump had to declare bankruptcy so many times...

    But hey we've got a "booming economy" don't we!!!! AHAHAHAHAHAH!!!!!!

    Fed Pumps $70.1 Billion in One-Day Liquidity Into Financial Markets
    https://seekingalpha.com/article/4295640-hello-qe4-and-damage-brings
     
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  2. Weatherman2020
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    Weatherman2020 Diamond Member

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    That’s it. You’ve got Trump now. Make up crap and toss it against that wall!
     
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  3. bluzman61
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    bluzman61 Gold Member

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    Yep, The Banker seems to be suffering from TDS. Just like SO many other brainwashed loony libs on here. Pathetic.
     
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  4. The Banker
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    The Banker Silver Member

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    Yea great comeback, the facts hurt don't they. Facts are like kryptonite to a Trumper.

    Nothing I said is false.
     
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  5. bluzman61
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    bluzman61 Gold Member

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    Go BACK to your Safe Space. You're welcome.
     
  6. jwoodie
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    jwoodie Gold Member Supporting Member

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    Made any money in the stock market?
     
  7. Missouri_Mike
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    Missouri_Mike Gold Member

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    I just shake my head when a lefty starts complaining about deficits. The democrats refused any cuts in spending. They shut down the government to keep the increases. QE’s during obie we’re saving the country, QEs during Trump are destroying us. A trillion dollars during obie is saving us all. A trillion during Trump is killing us all.

    Next time a budget comes up I’d like to see the left cheering cuts and saying they aren’t deep enough.

    I won’t be holding my breath.
     
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  8. BuckToothMoron
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    BuckToothMoron Gold Member

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    I agree with most of what you say regarding the economy and QE, however the latest round of QE was the Feds decision, not Trumps. Just as all the rounds of QE previously were the Feds doing and not BO’s.

    To be fair, Trump has publicly insisted that the Fed keeps the rates artificially low, which undermines the whole notion of a booming economy he and his minions try to advance.

    Trump also likes to brag about the sky high stock market which is partial bloated because of the ridiculously low interest rates. Classic- investors chasing returns! There will be a day of reckoning and Trump better pray that day is after the 2020 election.
     
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  9. Golfing Gator
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    Golfing Gator Diamond Member

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    You have to understand, the Trump worshipers lack the basic intelligence to even know what your link means.

    If you added up all their IQs you might get to triple digits.
     
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  10. Golfing Gator
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    Golfing Gator Diamond Member

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    I feel the same way about your ilk. Deficits and spending and all the rest were of the devil when they happened under Obama...now they do not mean a thing.

    The hypocrisy on both sides can be cut with a knife, but you sheep can only see one side of it.
     
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