Results 1 to 5 of 5

Thread: US monetary policy explained

  1. #1
    All League
    Join Date
    Aug 2005
    Posts
    4,213

    US monetary policy explained

    http://www.youtube.com/watch?v=7GSXbgfKFWg

    is it any wonder our economy is sh*t? when you factor in all the OTC derivatives that the government now guarantees, less than 1% of the money in the system represents something tangible.

  2. #2
    All Pro
    Join Date
    Aug 2004
    Posts
    7,786
    That is a funny video, but the context that you presented here makes me angry as hell.We are in some real trouble here.

  3. #3
    Hall Of Fame
    Join Date
    Nov 2004
    Location
    LI
    Posts
    20,857
    So why does Obummer keep Bernanke around?



    because Bernanke has delayed the inevitable while Obummer is still in office with his "Quantitative Easing" bull****.

  4. #4
    All Pro
    Join Date
    Aug 2004
    Posts
    7,786
    QE is nothing more than WELFARE to the rich.

  5. #5
    Veteran
    Join Date
    Sep 2006
    Posts
    1,191
    QE devalues our currency. Everyone loses. But the politicains can spend more funny money. Nice!

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Follow Us