Home › Forums › Financial Markets/Economics › QE2 right after Elections?
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briansd1.
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November 7, 2010 at 7:15 AM #628790November 7, 2010 at 7:33 AM #627721
SD Realtor
ParticipantConcho I would agree with you 100%.
However when people say things like:
” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.What’s the difference? It’s money into the economy.”
“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”
It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.
I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.
Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.
November 7, 2010 at 7:33 AM #627799ParticipantConcho I would agree with you 100%.
However when people say things like:
” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.What’s the difference? It’s money into the economy.”
“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”
It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.
I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.
Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.
November 7, 2010 at 7:33 AM #628359ParticipantConcho I would agree with you 100%.
However when people say things like:
” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.What’s the difference? It’s money into the economy.”
“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”
It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.
I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.
Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.
November 7, 2010 at 7:33 AM #628483ParticipantConcho I would agree with you 100%.
However when people say things like:
” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.What’s the difference? It’s money into the economy.”
“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”
It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.
I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.
Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.
November 7, 2010 at 7:33 AM #628800ParticipantConcho I would agree with you 100%.
However when people say things like:
” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.What’s the difference? It’s money into the economy.”
“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”
It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.
I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.
Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.
November 7, 2010 at 9:06 PM #627805briansd1
Guest[quote=CONCHO]The problem is so big now that I doubt any austerity program would work. None of the politicians would vote for it anyway.
[/quote]I agree.
The bailouts will continue to prop up the system. Our economic decline (relative to the rest of the world) will continue to play out in the next several decades.
[quote=CONCHO]
The lobbying will continue, the pressure on politicians to play along will increase, the bailouts will get bigger and the crashes more spectacular. They are coming for your money and they’re going to get it. All of the people who engineered the MBS/CDO/CDS scam are sitting on their government-bailout zillions and laughing at you. They sleep well at night in their Long Island mansions or on their megayachts in the Mediterranean, they know they will never go to jail, and the next crowd of goons is going to be even more bold. They know nothing will happen to them.[/quote]
In the context of the bailout continuing (everyone here seems to agree that the bailouts will continue), would we rather the money continue going to the banks? Or would we rather the money go to jobs for unemployed workers who will build some lasting infrastructure?
November 7, 2010 at 9:06 PM #627881Guest[quote=CONCHO]The problem is so big now that I doubt any austerity program would work. None of the politicians would vote for it anyway.
[/quote]I agree.
The bailouts will continue to prop up the system. Our economic decline (relative to the rest of the world) will continue to play out in the next several decades.
[quote=CONCHO]
The lobbying will continue, the pressure on politicians to play along will increase, the bailouts will get bigger and the crashes more spectacular. They are coming for your money and they’re going to get it. All of the people who engineered the MBS/CDO/CDS scam are sitting on their government-bailout zillions and laughing at you. They sleep well at night in their Long Island mansions or on their megayachts in the Mediterranean, they know they will never go to jail, and the next crowd of goons is going to be even more bold. They know nothing will happen to them.[/quote]
In the context of the bailout continuing (everyone here seems to agree that the bailouts will continue), would we rather the money continue going to the banks? Or would we rather the money go to jobs for unemployed workers who will build some lasting infrastructure?
November 7, 2010 at 9:06 PM #628443Guest[quote=CONCHO]The problem is so big now that I doubt any austerity program would work. None of the politicians would vote for it anyway.
[/quote]I agree.
The bailouts will continue to prop up the system. Our economic decline (relative to the rest of the world) will continue to play out in the next several decades.
[quote=CONCHO]
The lobbying will continue, the pressure on politicians to play along will increase, the bailouts will get bigger and the crashes more spectacular. They are coming for your money and they’re going to get it. All of the people who engineered the MBS/CDO/CDS scam are sitting on their government-bailout zillions and laughing at you. They sleep well at night in their Long Island mansions or on their megayachts in the Mediterranean, they know they will never go to jail, and the next crowd of goons is going to be even more bold. They know nothing will happen to them.[/quote]
In the context of the bailout continuing (everyone here seems to agree that the bailouts will continue), would we rather the money continue going to the banks? Or would we rather the money go to jobs for unemployed workers who will build some lasting infrastructure?
November 7, 2010 at 9:06 PM #628568Guest[quote=CONCHO]The problem is so big now that I doubt any austerity program would work. None of the politicians would vote for it anyway.
[/quote]I agree.
The bailouts will continue to prop up the system. Our economic decline (relative to the rest of the world) will continue to play out in the next several decades.
[quote=CONCHO]
The lobbying will continue, the pressure on politicians to play along will increase, the bailouts will get bigger and the crashes more spectacular. They are coming for your money and they’re going to get it. All of the people who engineered the MBS/CDO/CDS scam are sitting on their government-bailout zillions and laughing at you. They sleep well at night in their Long Island mansions or on their megayachts in the Mediterranean, they know they will never go to jail, and the next crowd of goons is going to be even more bold. They know nothing will happen to them.[/quote]
In the context of the bailout continuing (everyone here seems to agree that the bailouts will continue), would we rather the money continue going to the banks? Or would we rather the money go to jobs for unemployed workers who will build some lasting infrastructure?
November 7, 2010 at 9:06 PM #628885Guest[quote=CONCHO]The problem is so big now that I doubt any austerity program would work. None of the politicians would vote for it anyway.
[/quote]I agree.
The bailouts will continue to prop up the system. Our economic decline (relative to the rest of the world) will continue to play out in the next several decades.
[quote=CONCHO]
The lobbying will continue, the pressure on politicians to play along will increase, the bailouts will get bigger and the crashes more spectacular. They are coming for your money and they’re going to get it. All of the people who engineered the MBS/CDO/CDS scam are sitting on their government-bailout zillions and laughing at you. They sleep well at night in their Long Island mansions or on their megayachts in the Mediterranean, they know they will never go to jail, and the next crowd of goons is going to be even more bold. They know nothing will happen to them.[/quote]
In the context of the bailout continuing (everyone here seems to agree that the bailouts will continue), would we rather the money continue going to the banks? Or would we rather the money go to jobs for unemployed workers who will build some lasting infrastructure?
November 8, 2010 at 2:34 AM #627844scaredyclassic
ParticipantIn the middle ages prior to the plague there were so manY people labor was without value. Afther the plague thinned the herd by a third or so, labor was able to demand a premium. My kid is taking euro history and he mentioned this yesterday. Maybe the problem is there are too many of us. Not me of course as I am essential. If the goal is to prop up the system the money should go to the banks. If the goalbis to thin the herd then definitely no money should go to workers. Still, govt monetary policy is going to be nowhere as effective as rats.
November 8, 2010 at 2:34 AM #627919ParticipantIn the middle ages prior to the plague there were so manY people labor was without value. Afther the plague thinned the herd by a third or so, labor was able to demand a premium. My kid is taking euro history and he mentioned this yesterday. Maybe the problem is there are too many of us. Not me of course as I am essential. If the goal is to prop up the system the money should go to the banks. If the goalbis to thin the herd then definitely no money should go to workers. Still, govt monetary policy is going to be nowhere as effective as rats.
November 8, 2010 at 2:34 AM #628482ParticipantIn the middle ages prior to the plague there were so manY people labor was without value. Afther the plague thinned the herd by a third or so, labor was able to demand a premium. My kid is taking euro history and he mentioned this yesterday. Maybe the problem is there are too many of us. Not me of course as I am essential. If the goal is to prop up the system the money should go to the banks. If the goalbis to thin the herd then definitely no money should go to workers. Still, govt monetary policy is going to be nowhere as effective as rats.
November 8, 2010 at 2:34 AM #628608ParticipantIn the middle ages prior to the plague there were so manY people labor was without value. Afther the plague thinned the herd by a third or so, labor was able to demand a premium. My kid is taking euro history and he mentioned this yesterday. Maybe the problem is there are too many of us. Not me of course as I am essential. If the goal is to prop up the system the money should go to the banks. If the goalbis to thin the herd then definitely no money should go to workers. Still, govt monetary policy is going to be nowhere as effective as rats.
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