SI
SI
discoversearch

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.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (44926)1/30/2013 12:38:00 PM
From: chartseer  Read Replies (2) | Respond to of 220702
 
They get it from just a click of their computer. They wil keep pumping money into the economy until the unemployment figure drops below 7 %. No matter how long it takes.



To: Fiscally Conservative who wrote (44926)1/30/2013 12:39:12 PM
From: GROUND ZERO™3 Recommendations  Read Replies (2) | Respond to of 220702
 
Thanks, but I'm not really so smart... but, to answer your question, the FED is printing that money and giving it to the banks so they could swap out their bad housing debts... the banks aren't lending any of that new money at these low rates, instead they're putting it into the stock market... so, the money doesn't have to be "paid back" to anyone, it's not tax money, it just fake printed money which is further devaluing our currency... the FED was created on December 23, 1913 to protect the banks, not to protect our economy, it's not a government agency, it's a private group with a government sounding name... just like Federal Express, that's also not a government agency, but it also has a government sounding name...

GZ



To: Fiscally Conservative who wrote (44926)1/30/2013 12:46:46 PM
From: FCom7771 Recommendation  Read Replies (1) | Respond to of 220702
 
Also, how are these funds book kept? Are they considered part of the budget? Or part of the Fed's mysterious balance sheet?

Seriously, 85 bil per month is serious coin - has to shoe up some where ? No?