as usual that's not what I ask you.
back to your rock Originally Posted by CJ7
Ben is talking about tapering QE and has been since May .. IMO his comment was made to soften the impact on the financial markets when he does just that..That's because Bernanke KNOWS there is a connection between the rise in the stock market and the Fed's QE policy, CBJ7. Poor, poor, poor, CBJ7.
The End. Originally Posted by CJ7
Turns out QE tends to benefit the rich at the expense of the poor. Turns out BJ is a Republican. Who knew?+1 It's making the very rich (especially the bankers) richer, while the average person cannot even join in the game.
Originally Posted by CuteOldGuy
Who knew you were a tedious and obstinate person to deal with - all your ex friends. Originally Posted by Bert JonesMeanwhile you ignore your own obstinacy, BJ.
The monetary (sic) adopted by Volker ruined Carter and saved Reagan!No, dumbfuck, Jimmy Carter dug his own grave. Here's what you meant to say:
Originally Posted by WTF
That's because Bernanke KNOWS there is a connection between the rise in the stock market and the Fed's QE policy, CBJ7. Poor, poor, poor, CBJ7. Originally Posted by I B HankeringSure there is a connection. There is also a connection between QE and employment as well as overall economic activity. THAT IS WHY THE FED IS USING QE. Just because there is a connection doesn't mean it is a bubble and just because it is a bubble doesn't mean it will burst. This is mainly just hysterics at this time, but bubbles are certainly something to watch for.
No, dumbfuck, Jimmy Carter dug his own grave. Here's what you meant to say:OK, genius, I guess you didn't notice that started under Nixon to win the 1972 election? How was Carter supposed to control Fed policy under Nixon? Oh, and I guess the oil shock had nothing to do with it either? Carter had much help digging his own grave and there was plenty of economic incompetence to go around. Now who is the dumbfuck?
The inflation Carter let loose through his sheer economic incompetence forced Volker to adopt painfully tight monetary policies and sealed Carter's defeat in 1980. Reagan came in and fully supported Volker, making it easier for the Fed chief to stick to his tightened monetary course long enough to squash inflation expectations and setting the stage for a subsequent economic recovery that lasted for the remainder of Reagan's time in office (82-88) and was more than twice as strong (in terms of GNP growth) as today's feeble Obama-fumbled "recovery". Originally Posted by lustylad
OK, genius, I guess you didn't notice that started under Nixon to win the 1972 election? How was Carter supposed to control Fed policy under Nixon? Oh, and I guess the oil shock had nothing to do with it either? Carter had much help digging his own grave and there was plenty of economic incompetence to go around. Now who is the dumbfuck?Hey genius, you ought to look at the numbers before you make excuses for the dumbfuck peanut farmer. Inflation did flare up under Nixon, but it was quickly brought back under control. In 1976, the CPI rose by 4.9%. Then Carter came in and quickly threw away all of the hard-fought progress made in reducing inflation. Consumer prices rose by 6.7% in 1977, by 9.0% in 1978, by 13.3% in 1979 and 12.5% in 1980. So inflation was already accelerating sharply well before the Iran revolution pushed up oil prices again, due to a host of dumbfuck Carter policies ranging from steel import protectionism to dollar devaluation. Who is the dumbfuck again?
http://www.nytimes.com/2009/05/04/op...html?th&emc=th Originally Posted by austxjr
No, dumbfuck, Jimmy Carter dug his own grave. Here's what you meant to say:Reagan should have licked Cater's balls for appointing Volcker.
. Originally Posted by lustylad
Who sold arms to the mullahs? Those mullahs who wanted Ronnie elected and reneged on letting the hostages go...something which probably cost Carter the election.
And btw, since you mentioned the oil price shock, who pressured the Shah of Iran not to suppress the mullahs in the streets? That was a brilliant foreign policy decision, wasn't it? The mullahs have been grateful ever since. Originally Posted by lustylad
Reagan should have licked Cater's (sic) balls for appointing Volcker.Wow, I can't believe you actually pat yourself on the back after posting something so colossally stupid! You really are dumber than dumb. You don't even realize how illogical your arguments are. You say Reagan should have thanked Carter for calling in Volker to put out the inflation fires - knowing Carter was the arsonist? Yeah, that makes sense.
Who sold arms to the mullahs? Those mullahs who wanted Ronnie elected and reneged on letting the hostages go...something which probably cost Carter the election.
This ain't the Sean Hannity show, where you can spout all the one sided shit you please without me kicking you in the balls and setting the record straight. Originally Posted by WTF