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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (29896)	8/27/2010 7:19:49 PM
From: ggersh	Read Replies (2) \| Respond to of 71479

First thought...WTF!!!! "The possibility that securities purchases would be most effective at times when they are most needed can be viewed as a positive feature of this tool."

To: Real Man who wrote (29896)	8/27/2010 7:26:32 PM
From: ggersh	Read Replies (1) \| Respond to of 71479

This total BS "The prospects for household spending depend to a significant extent on how the jobs situation evolves. But the pace of spending will also depend on the progress that households make in repairing their financial positions. Among the most notable results to emerge from the recent revision of the U.S. national income data is that, in recent quarters, household saving has been higher than we thought--averaging near 6 percent of disposable income rather than 4 percent, as the earlier data showed.3 On the one hand, this finding suggests that households, collectively, are even more cautious about the economic outlook and their own prospects than we previously believed. But on the other hand, the upward revision to the saving rate also implies greater progress in the repair of household balance sheets. Stronger balance sheets should in turn allow households to increase their spending more rapidly as credit conditions ease and the overall economy improves. "

To: Real Man who wrote (29896)	8/27/2010 8:01:16 PM
From: John	1 Recommendation Respond to of 71479

"In particular, the impact of securities purchases may depend to some extent on the state of financial markets and the economy; for example, such purchases seem likely to have their largest effects during periods of economic and financial stress, when markets are less liquid and term premiums are unusually high. The possibility that securities purchases would be most effective at times when they are most needed can be viewed as a positive feature of this tool." Translation: "The Federal Reserve, in close coordination with the U.S. government, will control the valuations and pricing structures of the bond and equity markets in the United States as we deem necessary." So much for free markets and the bedrock system of capitalism based on legitimate supply and demand. The government's "temporary" and "emergency" forays into the U.S. equity and bond markets are now here to stay! Welcome to the age of perpetual "propping up", where the government determines, sets, and controls stock and bond prices, ad infinitum. Total control! Market stability rigidly enforced! -ng-