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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (755157)11/30/2013 7:13:17 PM
From: Bilow  Read Replies (2) | Respond to of 1575302
 
Hi mindmeld; Re: "Carl, please explain to me why you believe QE has helped the 99%."

QE has prevented a serious depression with 25% unemployment. The situation we're in is not a great one, but it's a *lot* better than we'd get without QE. You can look around at the countries that tried to get out of the slump by being tight with money and their positions are far worse than ours. Eventually they're forced to do the same easing. By doing it early, we avoid the learning experience.

Re: "If you had bothered to read the rest of my post, you'd see how I systematically debunked the B.S. that they are selling us.";

The beginning of your post set up a silly strawman argument. I'm too busy to read crap.

Re: "But I am interested in why you believe what you are told by Bernanke and Krugman about QE.";

Are you out of your f'ing mind??? The hell do you think I know Bernanke or Krugman, LOL. I think you're disconnected from reality.

-- Carl