Re: We need News -
in response to
by
posted on
Apr 15, 2013 07:52PM
" hold your breath, 30 trillion dollars and all this money is not invested in productive activities."
well, that is basically my point....you call it savings...I call it principle.
It's all dead money....and as big a number it is, it's not keeping up with inflation....even though we are told there is none.
IMO, there is no infulation(US), as long as the QE(cash) that is being created out of thin air stays in the treasury issues the the gov is buying back on its own. Is there a mature date for the insturments the gov is buying (creating) ?? 30 years? 100 years? ??? lol
I do agree with the QE, as you do....Bernanke really had no choice. But at some point they have to start winding down this monster....and put the 30 trillion back to work.
RE: inflation.... "adequate time to take care of this future problem."
Remains to be seen what the Fed and the Gov have in mind.
Anyway, I really appreciate your comments.
Thanks
doni