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QE3 Decision to be made TODAY!!! Official Thread!!

 
Anonymous Coward
User ID: 23654566
United States
09/13/2012 02:20 PM
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Aaaaannnndd.....were f*cked!
 Quoting: Anonymous Coward 8084990


Agreed!
US Dollar has dropped 30cents since the announcement, so far...
 Quoting: Anonymous Coward 23654566


1 hour 20 minutes since the QE3 announcement, dollar has dropped 54 cents. From $79.80 to $79.26
Anonymous Coward
User ID: 23654566
United States
09/13/2012 02:21 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
Aaaaannnndd.....were f*cked!
 Quoting: Anonymous Coward 8084990


Agreed!
US Dollar has dropped 30cents since the announcement, so far...
 Quoting: Anonymous Coward 23654566


1 hour 20 minutes since the QE3 announcement, dollar has dropped 54 cents. From $79.80 to $79.26
 Quoting: Anonymous Coward 23654566


**I meant 1 hour 40 minutes
Anonymous Coward
User ID: 23713290
Romania
09/13/2012 02:23 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
Keep on first page. This affects us all:

bump
 Quoting: Renegade (Me too)




[link to money.cnn.com]

its on...
 Quoting: JR 23477455


Well now it's official ! They are kicking the can down the road a little bit more but when the dominoes start falling, they're gonna fall hard and all of us are gonna feel the pain !
Anonymous Coward
User ID: 22162470
United States
09/13/2012 02:26 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
Let's see: QE1 FAILED. QE2 FAILED.

"The definition of insanity is doing the same thing over and over, yet expecting different results". Albert Einstein.
 Quoting: Rogue Coder


I absolutely totally agree with you.

What people do not realize is that RIGHT NOW Uncle Ben can NOT raise rates or announce no more QE.

The market would crash and I mean crash HARD. Obummer would have a meltdown, this can not happen right before the election as it will be too fresh in voters minds.

The lesser of two evils, for Uncle Ben and Obummer is QE3. It will pump the markets, short term at least, and make all the sheep go drool over their 401Ks and other EBA's.

Yes, PMs will jump and the dollar will fall but THAT is better now and then things can be changed after the election. Not to mention, Uncle Ben wants to keep his job. :)
 Quoting: Anonymous Coward 23022509


"Yes, PMs will jump and the dollar will fall but THAT is better now and then things can be changed after the election"

You realize this is the foundation for Hyperinflation right ?

Most idiots think hyperinflation is printing to much money !

Wrong!

Hyperinflation is a loss of confidence in that currency. Everyone is trying to get rid of it at once, before it takes more of the worthless currency tomorrow to purchase something of value today.
 Quoting: Anonymous Coward 22162470

WRONG
Hyperinflation is an increase in the money supply;
what are they teaching in school these days?
eople do lose faith in money, true, but raising pices
is a defense against increasingly worthless money.
For instance, money right now is worthless paper,
but I can still use it even tho I really have
no confidence long term in it.
If more worthless money was not printed the money in
circulation would retain some value.
No one "lost" confidence in the dollar even tho it has been
backed by nothing since 1974
 Quoting: bvndy


We are both right as it is a combination of the two.

The price increases that result from increased government spending create a vicious circle, requiring ever increasing amounts of money creation to fund government activities. Hence both monetary inflation and price inflation rapidly accelerate. Such rapidly increasing prices cause widespread unwillingness of the local population to hold the local currency as it rapidly loses its real value. Instead they quickly spend any money they receive, which rapidly increases the velocity of money flow which causes further acceleration in prices.[4] Hyperinflation is often associated with wars or their aftermath, political or social upheavals, or other crises that make it difficult for the government to tax the population.

[link to en.wikipedia.org (secure)]
Anonymous Coward
User ID: 760726
United States
09/13/2012 02:29 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
So basically they admitted they're at the end of the road and going to try and stem the tide as long as possible, but that also means the hardest crash possible for us right?
AmericanJedi

User ID: 1503533
United States
09/13/2012 02:33 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
So basically they admitted they're at the end of the road and going to try and stem the tide as long as possible, but that also means the hardest crash possible for us right?
 Quoting: Anonymous Coward 760726


Look at the World Economy in these terms:

The World Economy is an 88 year old end of life cancer patient whose brain, heart, and lungs are full of cancer. The only thing keeping it alive are machines. And we just found out in 2008 that it also has an aneurysm in the brain and one on the aorta. It's inoperable.

However, some quack (Bernanke) is going to pump fresh blood into the essentially dead person and hope that when one of those aneurysms pops that he's out of the room.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
AmericanJedi

User ID: 1503533
United States
09/13/2012 02:34 PM
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This is our last dance...
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
User ID: 23698129
Germany
09/13/2012 02:39 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
Aaaaannnndd.....were f*cked!
 Quoting: Anonymous Coward 8084990


Agreed!
US Dollar has dropped 30cents since the announcement, so far...
 Quoting: Anonymous Coward 23654566


1 hour 20 minutes since the QE3 announcement, dollar has dropped 54 cents. From $79.80 to $79.26
 Quoting: Anonymous Coward 23654566


lol what are you talkin about???
Anonymous Coward
User ID: 760726
United States
09/13/2012 02:39 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
So basically they admitted they're at the end of the road and going to try and stem the tide as long as possible, but that also means the hardest crash possible for us right?
 Quoting: Anonymous Coward 760726


Look at the World Economy in these terms:

The World Economy is an 88 year old end of life cancer patient whose brain, heart, and lungs are full of cancer. The only thing keeping it alive are machines. And we just found out in 2008 that it also has an aneurysm in the brain and one on the aorta. It's inoperable.

However, some quack (Bernanke) is going to pump fresh blood into the essentially dead person and hope that when one of those aneurysms pops that he's out of the room.
 Quoting: AmericanJedi


Would it also be correct that say our economy was a crashing plane and Fed is the pilot. Did the pilot just put the plane on autopilot and is currently putting on the parachute to jump out of the plane?
Starry eyes

User ID: 23716357
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09/13/2012 02:45 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
I called my husband and told him I'm going to the grocery store right after work tonight...just in case. We plan on filling our reach in cooler tonight...and filling our stock room with cheap ramen and rice..get the most out of it I say.
***Earth was once considered to be flat. Anything is possible.***
Anonymous Coward
User ID: 1442458
United States
09/13/2012 02:55 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
Aaaaannnndd.....were f*cked!
 Quoting: Anonymous Coward 8084990


Agreed!
US Dollar has dropped 30cents since the announcement, so far...
 Quoting: Anonymous Coward 23654566


1 hour 20 minutes since the QE3 announcement, dollar has dropped 54 cents. From $79.80 to $79.26
 Quoting: Anonymous Coward 23654566


lol what are you talkin about???
 Quoting: Anonymous Coward 23698129


In terms you can understand: value of dollar go down.
Anonymous Coward
User ID: 23076684
United States
09/13/2012 03:06 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
...


Agreed!
US Dollar has dropped 30cents since the announcement, so far...
 Quoting: Anonymous Coward 23654566


1 hour 20 minutes since the QE3 announcement, dollar has dropped 54 cents. From $79.80 to $79.26
 Quoting: Anonymous Coward 23654566


lol what are you talkin about???
 Quoting: Anonymous Coward 23698129


In terms you can understand: value of dollar go down.
 Quoting: Anonymous Coward 1442458


I've seen bigger drops. Like a dollar in a day. Frankly I think a lot of this has been priced in and we won't be seeing it go below 76-77 anytime soon.
Although I won't be eating my shoe if I'm wrong...
Anonymous Coward
User ID: 1493398
United States
09/13/2012 03:08 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
Hey China, keep wasting your money in the US, and oh yea... suck it! -Helicopter Ben
Anonymous Coward
User ID: 23719116
United States
09/13/2012 03:11 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
Keep on first page. This affects us all:

bump
 Quoting: Renegade (Me too)


bump
Anonymous Coward
User ID: 23719116
United States
09/13/2012 03:35 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
I called my husband and told him I'm going to the grocery store right after work tonight...just in case. We plan on filling our reach in cooler tonight...and filling our stock room with cheap ramen and rice..get the most out of it I say.
 Quoting: Starry eyes


Great idea!
Anonymous Coward
User ID: 1324049
United States
09/13/2012 03:55 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
It looks like they are trying to keep everything afloat as long as possible because when it goes, it goes big and for all intentional purposes, for good.
Deej

User ID: 23655353
United States
09/13/2012 04:39 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
So basically they admitted they're at the end of the road and going to try and stem the tide as long as possible, but that also means the hardest crash possible for us right?
 Quoting: Anonymous Coward 760726


Look at the World Economy in these terms:

The World Economy is an 88 year old end of life cancer patient whose brain, heart, and lungs are full of cancer. The only thing keeping it alive are machines. And we just found out in 2008 that it also has an aneurysm in the brain and one on the aorta. It's inoperable.

However, some quack (Bernanke) is going to pump fresh blood into the essentially dead person and hope that when one of those aneurysms pops that he's out of the room.
 Quoting: AmericanJedi


That's funny Dude! Nice analogies! chuckle

applause2
No matter what happens... just say "Thank You." - D W Fierce
Anonymous Coward
User ID: 1834146
United States
09/13/2012 05:04 PM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
16th / 17th

Anonymous Coward
User ID: 19932676
United States
09/13/2012 06:11 PM
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16th / 17th


 Quoting: Anonymous Coward 1834146


geez. i've watched the time zero shit for years...and it is 90% WRONG ;.

the odds are that it will be 10% right just by random plotting.

AND IDIOTS SCREAM 'SEE I TOLD YA SO' ON THE 10% THAT IS RIGHT..AND THEY GO VERY QUIET 90% OF THE TIME...

BECAUSE IT IS WRONG
Inquiring Mind
Does this shirt make my bass look too big?

User ID: 15121396
United States
09/14/2012 08:16 AM

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Re: QE3 Decision to be made TODAY!!! Official Thread!!
It looks like they are trying to keep everything afloat as long as possible because when it goes, it goes big and for all intentional purposes, for good.
 Quoting: Anonymous Coward 1324049


Long enough for obama to get re-elected. Also, the timing should help his re-election because any positive short term effects should be easy to spin to the masses as obama doing a good job with the economy.
Inquiring Mind
Anonymous Coward
User ID: 23830869
United States
09/16/2012 01:26 AM
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Re: QE3 Decision to be made TODAY!!! Official Thread!!
I called my husband and told him I'm going to the grocery store right after work tonight...just in case. We plan on filling our reach in cooler tonight...and filling our stock room with cheap ramen and rice..get the most out of it I say.
 Quoting: Starry eyes


already feeling the pychological effect of the qe3
mission accomplished
keep the good work sheeple

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