Silicon Investor (SI) -- The First Internet Community

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.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (148312)	1/19/2015 11:16:00 PM
From: tejek	Read Replies (1) \| Respond to of 149319

It's amazing that you see what you want to see, despite the evidence. Japan started all this mess decades ago and all the money printing they've done hasn't helped them. In the US, in the long run it will prove to be very costly, but lucky for us, money printing in the short run buys us time because the USD is the reserve currency. But will money printing help the ECB? Not likely. They are going to find that it may help their stock market, but it won't help create jobs. I find it hilarious that so many mainstream people like yourself, who have no clue how the transmission mechanism of QE works, believe that it somehow miraculously creates jobs. It does not. It just creates wealth for the people who have capital and can front run the central banks purchases. It also helps recapitalize banks who took too much risk and managed their assets irresponsibly. Beyond that, the rest is just hopium that there is some trickle down effect from that. In reality, it drives up prices for the 99% and hollows out the Middle Class, as it has already done for the US Middle Class. And yet, despite all this, you still wish that on the Europeans? Wow. The whole globe is going Japanese now. How stupid can they all be? Pretty stupid, it turns out. Keep using Japan as your economic model..........that should assure you getting it wrong for the next 5 years. ;)