Currents of Currency Message Board

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Strategies & Market Trends : Currents of Currency

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To: The Wharf who wrote (154)	7/12/2012 2:51:41 PM
From: The Wharf	Read Replies (1) of 594

On the topic of quantitative easing, Greenspan noted that he has refrained from commenting on Fed policy. Me thinks you might of said from experience it does not work Me knows you did. However poop stinks has a far more pleasant scent it is worded as "there is a very unusual aroma coming from a north east direction. . The disinclination of business people to take liquid assets and put them into irredeemable long-term assets, even if the rates of return are potentially high, is extraordinarily low at this stage, and indeed, the ratio itself of fixed investment to cash flow from a nonfinancial corporate sector is at the lowest level since 1935." Greenspan added that the data show that this "extraordinary expansion" in the deficit is crowding out private-sector investment, a result he said "shocked" him A case for the wooden nickel . Me thinks those things can burn.

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