Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

To: 30 Years Plus who wrote (194604)	1/20/2016 11:50:33 PM
From: Elroy Jetson	4 Recommendations of 206182

Yes, The major effect of QE is preventing a plunge in asset prices. A plunge in asset prices would cause fear with would greatly contracting economic demand. It's an elaborate experiment without alternative. As Josef Schumpeter said, if you don't want the economic depression you needed to have prevented the credit bubble which preceded it. But as that bubble already occurred in the rear-view mirror, we're strapped in for the ride with many hoping beyond hope that deflation doesn't decimate the value of their stockpiles of commodities like copper, gold and iron. If the central banks make a mistake, these commodities will plunge in value.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next