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Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow

 
waht
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12/11/2012 07:55 PM
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Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
The Federal Reserve will amplify record accommodation tomorrow by announcing $45 billion in monthly Treasury buying that will push its balance sheet almost to $4 trillion, according to a Bloomberg survey of economists.

Forty-eight of 49 economists predict the Federal Open Market Committee will purchase Treasurys to bolster an existing program to buy $40 billion in mortgage bonds each month. The panel pledged in October to continue that plan until the labor market improves "substantially."



[link to www.bloomberg.com]

Last Edited by Account Deleted by User on 12/11/2012 11:38 PM
Anonymous Coward
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12/11/2012 08:06 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
If buying shady mortgage paper created jobs, wouldn't the economy have been stimulated for the past 10 years?

Insanity: doing the same thing over and over again and expecting different results.
Anonymous Coward
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12/11/2012 08:10 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Get ready for $5 ramen.
Anonymous Coward
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12/11/2012 08:19 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Green Pin for you OP. cheers
Anonymous Coward
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12/11/2012 08:23 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Get ready for $5 ramen.

I heard what sounded like a voice from among the four living creatures, saying, "One day's ration of wheat for a day's wage, or three day's ration of barley for a day's wage! But don't damage the olive oil or the wine!"


Revelation 6:6
Anonymous Coward
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12/11/2012 08:24 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Get ready for $5 ramen.
 Quoting: Anonymous Coward 25020296


I got 3 packs left. gonna have to do. Rice and dried beans from here on out.
DOT 2 DOT

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12/11/2012 08:24 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Aren't they creative?

Who doesn't LOVE the Federal Reserve. They always have our best interests at heart.

LOVE YOU GUYS!!


blwkss
Although it is not true that all conservatives are stupid,
it is true that most stupid people are conservative.

John Stuart Mill
************
It's much harder to be a liberal than a conservative. Why?
Because it is easier to give someone the finger than a helping hand.
Mike Royko
iwinallday

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12/11/2012 08:26 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
We need an Economic Jesus to absolve all of the debt so the world can have a fresh start. lol jk thats impossible were fucked.
“When injustice becomes law, resistance becomes duty.”

-- Thomas Jefferson

"My 2nd Amendment will Die with Me"

-- iwinallday
Anonymous Coward
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12/11/2012 08:29 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Tomorrow is 12/12/12 = 333

uhoh
Holton0289

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12/11/2012 08:29 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
what happened to their charter ending in December?
DOT 2 DOT

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12/11/2012 08:29 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
We need an Economic Jesus to absolve all of the debt so the world can have a fresh start. lol jk thats impossible were fucked.
 Quoting: iwinallday


You know the old saying.. "death and taxes."
Although it is not true that all conservatives are stupid,
it is true that most stupid people are conservative.

John Stuart Mill
************
It's much harder to be a liberal than a conservative. Why?
Because it is easier to give someone the finger than a helping hand.
Mike Royko
lasvegasteddy

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12/11/2012 08:31 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
wow you print money and buy mortages with it
i guess their not hurting
Anonymous Coward
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12/11/2012 08:31 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
In layman's terms...what's this mean for a schmuck like me?
iwinallday

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12/11/2012 08:32 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
We need an Economic Jesus to absolve all of the debt so the world can have a fresh start. lol jk thats impossible were fucked.
 Quoting: iwinallday


You know the old saying.. "death and taxes."
 Quoting: DOT 2 DOT


That about sums it up.
“When injustice becomes law, resistance becomes duty.”

-- Thomas Jefferson

"My 2nd Amendment will Die with Me"

-- iwinallday
icyman61

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12/11/2012 08:33 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
In layman's terms...what's this mean for a schmuck like me?
 Quoting: Anonymous Coward 29163876


Well did anyone Kiss you?
Anonymous Coward
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12/11/2012 08:34 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
There ya go!


12/12/12

DOOM

rockon
Anonymous Coward
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12/11/2012 08:34 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
We need an Economic Jesus to absolve all of the debt so the world can have a fresh start. lol jk thats impossible were fucked.
 Quoting: iwinallday


That would be Adolf Hitler, himself.

That's exactly what he did.

Weimar Republic? Fukitol!!!
Saddletramp

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12/11/2012 08:34 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
If the Fed does this, it's a trigger that they truly believe the U.S. Economy is in dire trouble...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Etta

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12/11/2012 08:36 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
In layman's terms...what's this mean for a schmuck like me?
 Quoting: Anonymous Coward 29163876


Well did anyone Kiss you?
 Quoting: icyman61


Inflation
“Expectations are the root of all heartache”

"I like all of the races, even the bad ones."
Anonymous Coward
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12/11/2012 08:36 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
what happened to their charter ending in December?
 Quoting: Holton0289


They are probably going to renew it under the radar and MSM will report it after the fact if at all.
Anonymous Coward
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12/11/2012 08:36 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
It always happens after the market closes on Fri.
Anonymous Coward
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12/11/2012 08:39 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
what happened to their charter ending in December?
 Quoting: Holton0289


Exactly what I've been thinking about lately.

What the FUCK!!

Why is this not even in the news?
Anonymous Coward
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12/11/2012 08:40 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Get ready for $5 ramen.

I heard what sounded like a voice from among the four living creatures, saying, "One day's ration of wheat for a day's wage, or three day's ration of barley for a day's wage! But don't damage the olive oil or the wine!"


Revelation 6:6
 Quoting: Anonymous Coward 29591931


Bingo
Anonymous Coward
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12/11/2012 08:41 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Yikes.... Got gold/silver ?
Liberty 112

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12/11/2012 08:42 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
This also devalues the dollar by 4% a month so figure what is ahead can you say 5 dollar loaf of bread. and if we do not settle the over the cliff problem 5 days after Chritmas 4 million people will lose unemployment.
Anonymous Coward
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12/11/2012 08:42 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
If the Fed does this, it's a trigger that they truly believe the U.S. Economy is in dire trouble...
 Quoting: Saddletramp


So, 4 years running of ZIRP, and 3 continuous QE programs which have nothing but lifted the stock market to highs shy of 2008 are not indicative that the economy is in dire trouble?

Oh wait, they laundered trillions in fraudulent mortgages for the biggest banks during that time so I guess all is not lost.

gasp
Anonymous Coward
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12/11/2012 08:45 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Helicopter Ben Bernankecide to the rescue once again! When will the house of cards finally collapse?

How are these fools in charge so adept at kicking the can down the road? Is it only because other goverments are inflating their currencies as well and it's one giant whirlpool of madness?
Fred
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12/11/2012 08:49 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Too bad its always for the banks and Wall Street. Want to get the economy going? Refinance peoples personal debt to the 0.25% interest rate that Wall Street banks pay for money.
Col. Angus
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12/11/2012 08:50 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Can anyone tell me if this will affect the price of Gold?
Anonymous Coward
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12/11/2012 08:50 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Does this mean that the Jews are going to start buying up land, in the USA, and bulldoze the buildings and build Jewish settlements?
No Dhimmi

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12/11/2012 08:50 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
:Bernak is money :
ALL relevant scriptures that include a time factor prove no pre-trib rapture. Over 50 verses! Kindle Edition only 99 CENTS! Biblical Eschatological “Time-Stamps” Relevant to the Last Day/Days (Amazon)





GLP