Small correction or beginning of something big?

[kev374]

http://etfdailynews.com/2013/06/20/time-to-pay-for-messing-with-the-markets/

Do you agree with the above article that this is the start of a turnaround in the markets? Or do you think that this is just a small adjustment after which the markets will continue on an upward trend?

[The-Shoveler]

As in the slowing down thread,

It all depends on the Fed, or some other Gov stimulant.

Automation economy transition is not easy.

[kev374]

one question – what would happen if the Fed kept interest rates between 4.5-5% indefinitely? What kind of negative repercussions would we see? Whom would it affect?

[The-Shoveler]

Ha!! The guy almost had it right,

The only thing you have to worry about is other nations accepting your money as payment, but right now we are actually a fairly conservative currency creator China make us (the U.S.A) look like the Germans LOL.

They are the biggest money printer by far.

Also very important

They need us a lot more than we need them, That counts for a lot.

I have been saying this for 5 years BTW.

[The-Shoveler]

The main difference between China and the U.S.A. is when they create currency, they don’t call it debt, they just call it money and then they spend it to build a new train station or something.

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