The Fed stopped buying #bonds when #QE ended and yields still declined. The point about lack of yield being an attack on capitalism is interesting and yet, the Fed has succeeded in establishing massive demand for bonds through use as collateral.
Thanks Steve. I just think there are trillions of dollars of bonds committed as collateral for derivatives. Even without #QE, bond yields have gone down. Seriously, this is the new normal and it presents problems. We will be in low rate territory for decades unless some other factor comes into play.
Gary, I am not calling# Friedman a socialist, but there are direct links between writings of #Keynes and #Marx. Deficit spending was taken from Das Capital. I agree that that #QE has done little to nothing for fueling the trillions created into developing opportunities for jobs and sustainable growth across the entire economy. Instead it has fueled the greatest gap between the highest levels of wealth and the lowest levels of poverty. This is clearly not a successful model. As long as the power to fix the problem is concentrated in the hands of less than a half dozen central banks owned by the global investment banks, I don't see how we are headed in the right direction. Wish I say commitment to the people, but I haven't and don't see it today.
#QE is a cancer that will eat away at the world as it destroys the legitimacy of capitalism. That's because QE is not capitalistic, fair, or beneficial to anyone besides those that get to benefit from it giving up nothing and producing nothing in the process. It would be socialistic save the fact it is going to the few rather than the many thus more appropriately called corruption, besides that it is done in a planned economy which by nature is socialistic. You decide, what should we call it?
We need real #helicoptermoney because #QE is incredibly fiscally irresponsible. It is interesting in your article, that negative was once thought of being a stimulus, and now it is just a way for governments to collect taxes off poor bond holders.
The easing was not necessary, besides drop in UK rates. It was just a good and late excuse to ease. The downside to easing is when a real crisis arises many can not drop rates more than a minuscule amount and if there is too much #QE already it will do nothing either but destabilize your currency more.
Gold Crashes To 5 Month Lows As 'Someone' Dumps Over $10 Billion (On A Bond Market Holiday)
We will get more #QE when the economy falters. Thus the hope is not to get more QE.
Introducing Yield Purchasing Power
The Fed stopped buying #bonds when #QE ended and yields still declined. The point about lack of yield being an attack on capitalism is interesting and yet, the Fed has succeeded in establishing massive demand for bonds through use as collateral.
The Subprime U.S. Economy: Disintegrating Due To Subprime Auto, Housing, Bond & Energy Debt
Thanks Steve. I just think there are trillions of dollars of bonds committed as collateral for derivatives. Even without #QE, bond yields have gone down. Seriously, this is the new normal and it presents problems. We will be in low rate territory for decades unless some other factor comes into play.
The Soaring Risk Of Flying In Bernanke’s Helicopter
Gary, I am not calling# Friedman a socialist, but there are direct links between writings of #Keynes and #Marx. Deficit spending was taken from Das Capital. I agree that that #QE has done little to nothing for fueling the trillions created into developing opportunities for jobs and sustainable growth across the entire economy. Instead it has fueled the greatest gap between the highest levels of wealth and the lowest levels of poverty. This is clearly not a successful model. As long as the power to fix the problem is concentrated in the hands of less than a half dozen central banks owned by the global investment banks, I don't see how we are headed in the right direction. Wish I say commitment to the people, but I haven't and don't see it today.
Quantitative Easing Now Seems To Be Unavoidable After A Brexit
#QE is a cancer that will eat away at the world as it destroys the legitimacy of capitalism. That's because QE is not capitalistic, fair, or beneficial to anyone besides those that get to benefit from it giving up nothing and producing nothing in the process. It would be socialistic save the fact it is going to the few rather than the many thus more appropriately called corruption, besides that it is done in a planned economy which by nature is socialistic. You decide, what should we call it?
Did She Say QE 4?
We need real #helicoptermoney because #QE is incredibly fiscally irresponsible. It is interesting in your article, that negative was once thought of being a stimulus, and now it is just a way for governments to collect taxes off poor bond holders.
Weekend Reading: "Bre-Lief"
The easing was not necessary, besides drop in UK rates. It was just a good and late excuse to ease. The downside to easing is when a real crisis arises many can not drop rates more than a minuscule amount and if there is too much #QE already it will do nothing either but destabilize your currency more.