Breaking Fed News from The Revolution ! Forward ! | TigerDroppings.com

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Lsupimp
LSU Fan
Member since Nov 2003
30081 posts
 Online 

Breaking Fed News from The Revolution ! Forward !



quote:

Federal Reserve announces unprecedented steps to bolster the economy Wednesday
The Federal Reserve announced Wednesday that it will take
unprecedented steps to bolster the economy, saying it will continue to
stimulate growth unless the unemployment rate falls to 6.5 percent or the
inflation rate reaches 2.5 percent.

It was a historic move that for the first time explicitly spells out the Fed's goals for the economy
and how it will respond to changing economic conditions. The Fed says
it will also begin purchasing $45 billion in Treasury bonds a month,
on top of $40 billion a month it is already buying in mortgage bonds.


The statement amounts to a major new commitment to reducing
unemployment but also shows that Fed officials remain concerned about
the long-term prospects for the U.S. economy.







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Blakely Bimbo
Alabama Fan
Member since Dec 2010
1067 posts

re: Breaking Fed News from The Revolution ! Forward !


Everyone needs to really think about this. It looks like the FED is anticipating recession in 2013.

The expansion to the FED's balance sheet is an admission that they are going to be buying 2013's US gov deficit.

Foreign buyers of US treasuries backing off? So what are the Chinese going to be buying with their US dollars accumulated from the trade imbalance?
US assets like farmland, companies?






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Lsupimp
LSU Fan
Member since Nov 2003
30081 posts
 Online 

re: Breaking Fed News from The Revolution ! Forward !


The Fed is a great Tool Of The Revolution.
It formalizes The State/Monetary Relationship without having to answer to the unimaginative and counter-revolutionary demands of woefully inadequate Constitutional self-governance.
It's Revolutionary genius, really.
The perfect tool for State expansion in the service of The People.
There will come a time where we will no longer need The Fed .
Until that time , using the corrupt tools of Capitalism against itself, we move FORWARD !







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Jed Zeppelin
Ball State Fan
Maurice
Member since Feb 2010
979 posts

re: Breaking Fed News from The Revolution ! Forward !


Great work Pimp!


And FORWARD !






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50Mullets
LSU Fan
A more civilized age
Member since Oct 2012
1433 posts

re: Breaking Fed News from The Revolution ! Forward !


What will they do if unemployment never drops back that far? There is certainly no evidence that it will fall there any time soon.





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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
55583 posts

re: Breaking Fed News from The Revolution ! Forward !


quote:

It looks like the FED is anticipating recession in 2013.


If you look at the GDP forecast on CBO.GOV, you can pretty much see that it will be recession-like. And a recession in the worst case scenario. It's not going to be a good year.






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Mohican
LSU Fan
On a lake in MS
Member since Nov 2012
2173 posts

re: Breaking Fed News from The Revolution ! Forward !


Bizarro World.





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Bunk Moreland
Michigan Fan
Detroit, MI.
Member since Dec 2010
5841 posts

re: Breaking Fed News from The Revolution ! Forward !


I forget which writers Russian and the money geeks pummel other than Matt Taibbi. I think Mike Whitney might be one of them, but this doesn't sound good.
Crashing the bond market.



This post was edited on 12/12 at 3:44 pm


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joshnorris14
Florida Fan
Florida
Member since Jan 2009
21179 posts

re: Breaking Fed News from The Revolution ! Forward !


This treasury bubble its going to be fun





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TupeloTiger
LSU Fan
Tupelo,Ms.[via Bastrop,La.]
Member since Jul 2004
2737 posts
 Online 

re: Breaking Fed News from The Revolution ! Forward !


LSUPIMP-- What is all this Revolution stuff? Did you go to LSU? Are you from Louisiana? Are you a Soviet Communist? Your last few rants seem very anti-American? What's going on, do you think readers don't see what your saying? It's a free country with free speach, I'm concerned and I don't know you. Just my opinion.





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lsu13lsu
LSU Fan
Member since Jan 2008
1868 posts

re: Breaking Fed News from The Revolution ! Forward !


I don't think we will hit the unemployment number but we could see the 2.5% inflation number. Unless congress makes some spending cuts.





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