QE2 right after Elections?

[briansd1]

[quote=SD Realtor]

I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. [/quote]

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.

For example, those who were vociferously against immigration, over decade, may age and have to rely on legalized immigrant nurses to take care of them in the twilight of their lives.

[quote=SD Realtor]
I do know severe austerity measures are needed to fix the debt problem.[/quote]

Severe austerity would be severe to the current generation. Nobody wants that for themselves. “Keep the government’s hands off my Medicare” they say.

[quote=SD Realtor]
As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt.
[/quote]

It did matter to you because you supported one side over the other.

The Blue Dog Democrats got voted out of office. And now we have the Tea Party.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[Fearful]

[quote=SD Realtor]Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.[/quote]
I really do not understand the argument that QEn stimulates the economy. I understand it to be expansion of the money supply, pure and simple, to offset reduced money velocity from low economic activity, including high unemployment. It seems obvious to me that there will be no political will to raise interest rates and unwind QEn even when the dollar declines and inflation increases. I pity the risk averse saver, mostly the baby boomers, seeking to live off of nest egg interest. Negative real interest rates … commodity price inflation … the Krugman school saying, well, there is no wage inflation, so there must not be price inflation, therefore expansionary monetary policies must remain in place … sigh.

[Fearful]

[quote=SD Realtor]Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.[/quote]
I really do not understand the argument that QEn stimulates the economy. I understand it to be expansion of the money supply, pure and simple, to offset reduced money velocity from low economic activity, including high unemployment. It seems obvious to me that there will be no political will to raise interest rates and unwind QEn even when the dollar declines and inflation increases. I pity the risk averse saver, mostly the baby boomers, seeking to live off of nest egg interest. Negative real interest rates … commodity price inflation … the Krugman school saying, well, there is no wage inflation, so there must not be price inflation, therefore expansionary monetary policies must remain in place … sigh.

[Fearful]

[quote=SD Realtor]Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.[/quote]
I really do not understand the argument that QEn stimulates the economy. I understand it to be expansion of the money supply, pure and simple, to offset reduced money velocity from low economic activity, including high unemployment. It seems obvious to me that there will be no political will to raise interest rates and unwind QEn even when the dollar declines and inflation increases. I pity the risk averse saver, mostly the baby boomers, seeking to live off of nest egg interest. Negative real interest rates … commodity price inflation … the Krugman school saying, well, there is no wage inflation, so there must not be price inflation, therefore expansionary monetary policies must remain in place … sigh.

[Fearful]

[quote=SD Realtor]Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.[/quote]
I really do not understand the argument that QEn stimulates the economy. I understand it to be expansion of the money supply, pure and simple, to offset reduced money velocity from low economic activity, including high unemployment. It seems obvious to me that there will be no political will to raise interest rates and unwind QEn even when the dollar declines and inflation increases. I pity the risk averse saver, mostly the baby boomers, seeking to live off of nest egg interest. Negative real interest rates … commodity price inflation … the Krugman school saying, well, there is no wage inflation, so there must not be price inflation, therefore expansionary monetary policies must remain in place … sigh.

[Fearful]

[quote=SD Realtor]Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.[/quote]
I really do not understand the argument that QEn stimulates the economy. I understand it to be expansion of the money supply, pure and simple, to offset reduced money velocity from low economic activity, including high unemployment. It seems obvious to me that there will be no political will to raise interest rates and unwind QEn even when the dollar declines and inflation increases. I pity the risk averse saver, mostly the baby boomers, seeking to live off of nest egg interest. Negative real interest rates … commodity price inflation … the Krugman school saying, well, there is no wage inflation, so there must not be price inflation, therefore expansionary monetary policies must remain in place … sigh.

[socrattt]

Interesting article!

http://www.berninger.de/crisis-analysis-opinion/datum/2010/11/05/the-usa-is-collapsing.html

[socrattt]

Interesting article!

http://www.berninger.de/crisis-analysis-opinion/datum/2010/11/05/the-usa-is-collapsing.html

[socrattt]

Interesting article!

http://www.berninger.de/crisis-analysis-opinion/datum/2010/11/05/the-usa-is-collapsing.html

[socrattt]

Interesting article!

http://www.berninger.de/crisis-analysis-opinion/datum/2010/11/05/the-usa-is-collapsing.html

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