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re: Gold dropping today
Posted on 5/27/14 at 5:59 pm to Iowa Golfer
Posted on 5/27/14 at 5:59 pm to Iowa Golfer
Everything you complained about was TARP.
I don't disagree with your points, necessarily, they just aren't about QE.
I don't disagree with your points, necessarily, they just aren't about QE.
Posted on 5/27/14 at 6:30 pm to TheHiddenFlask
Same argument. QE wasn't supposed to pick winners. It did by its definition. Plenty of quotes by gubmit type people about attempting to avoid wealth deterioration that would be caused by increasing commodity prices. It did by some of its purchases. Helped some institutions stay afloat, although they deny this against evidence in plain sight even today.
They never talk about how QE benefited the same places that tarp did. But you're in the business right? At a large bank? It really doesn't take too much to connect the dots does it? Because in the end wasn't tarp a bait and switch? Didn't tarp in the end do exactly what qe did in some instances? Someone please answer this no, because at that point I'll find a link from some gubmit agency about what tarp was and did at the end.
QE was better imo. Marginally. I would have preferred it to not have happen as the horrible consequences would have actually been beneficial in the long term. For a simple guy like me, there really isn't too much difference between tarp and q.e.. Also for some really smart guys, but let's keep it at the level I'm at, which is a simpleton.
So yes, my original rotflmao, or whatever it is, still stands, and no, I don't think they have handled either tarp or q.e. "perfectly."
I actually think that tarp and q.e. are almost the exact same things. And this sentence is placed here so some others can have some fun with it.
They never talk about how QE benefited the same places that tarp did. But you're in the business right? At a large bank? It really doesn't take too much to connect the dots does it? Because in the end wasn't tarp a bait and switch? Didn't tarp in the end do exactly what qe did in some instances? Someone please answer this no, because at that point I'll find a link from some gubmit agency about what tarp was and did at the end.
QE was better imo. Marginally. I would have preferred it to not have happen as the horrible consequences would have actually been beneficial in the long term. For a simple guy like me, there really isn't too much difference between tarp and q.e.. Also for some really smart guys, but let's keep it at the level I'm at, which is a simpleton.
So yes, my original rotflmao, or whatever it is, still stands, and no, I don't think they have handled either tarp or q.e. "perfectly."
I actually think that tarp and q.e. are almost the exact same things. And this sentence is placed here so some others can have some fun with it.
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