Ron Paul: "Country Should Panic Over Fed's Decision"
No panic. We are just going to print some more money t create a greater amount of inflation so that paying debt will not cst as much.
Uh you are not talking about how this will eat up our savings and retirments are you.
Obviously the commercial RE MBS market is a drag on banks; the amount of commercial real estate loans that are coming due (7-10 year terms) is mindboggling...
While home prices/sales appear to be stabilizing; commercial real estate markets haven't and they are more dependent on lower yields to float valuations. Most metropolitan areas haven't seen a return of commercial property valuations....and many loans made in the 2007 run up in values are rolling over in 2013 and beyond......
You think this will create another round of buy ridiculously expensive gold coins far above the melt value ads?