He just announced Interest is going to stay low into 2013. I guess we will see how that affects the markets.What does BenB have left in his bag of tricks. How much can he print without totally plunging us into Hyper-inflation. Any opinions on what he might do?
He just announced Interest is going to stay low into 2013. I guess we will see how that affects the markets.[/QUOTE
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Dow is already in negative territory, again. Will be interesting to see what the number is at the closing bell.
The markets will rise, people with money in the bank will be forced to invest in the market for a return of some kind, maybe a false hope. Ole Ben just kicked anyone with savings in the nuts.He just announced Interest is going to stay low into 2013. I guess we will see how that affects the markets.
Ben and Timmy have been in charge for the last several years, and we haven't seen stability for "a long,long time" ?? So, why all of a sudden, should we expect it now ?I think Ben hit the nail on the head. People will put their money into stocks because it's the only game in town. He's offering "STABILITY," something we haven't seen for a long, long time.......
*********************I think Ben hit the nail on the head. People will put their money into stocks because it's the only game in town. He's offering "STABILITY," something we haven't seen for a long, long time. People can now plan on low interest rates for 2 years....that's great news for many people who may want to borrow to expand their business or buy something on credit.
I think it's great news for everybody.
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Low interest rates for 2 years is not good news to you ?? You must be nuts. We're used to interest rate game playing on a weekly basis, stability is key. Maybe you weren't around when they had 21% prime rates and 18% home mortgages. Interest rate fluctuations always drove home buyers out of the market. Low interest rates is a blessing, that's why the stock market climbed back up today. This certainly won't hurt housing either.Ben and Timmy have been in charge for the last several years, and we haven't seen stability for "a long,long time" ?? So, why all of a sudden, should we expect it now ?
The very existence of the Central Banks, and their self-serving manipulation of the money supply and interest rates, are at the foundation of our economic troubles. They create the boom/bust cycles that only they and the rest of the PTB profit by, and use to subvert and control the world's governments.
Rest assured,NOTHING that TheBenBernank does or says is "great news for everybody".
I don't always agree with what you discuss but I think you are right in that people will plan on the low interest.I think Ben hit the nail on the head. People will put their money into stocks because it's the only game in town. He's offering "STABILITY," something we haven't seen for a long, long time. People can now plan on low interest rates for 2 years....that's great news for many people who may want to borrow to expand their business or buy something on credit.
I think it's great news for everybody.
:thumb:
Ben has two things left, Jack and S**t......and Jack just left town....What does BenB have left in his bag of tricks. How much can he print without totally plunging us into Hyper-inflation. Any opinions on what he might do?
As usual, you are WAY over your head and trying to explain it to you is pointless and extremely frustrating. Talking to a rock is more productive.Low interest rates for 2 years is not good news to you ?? You must be nuts. We're used to interest rate game playing on a weekly basis, stability is key. Maybe you weren't around when they had 21% prime rates and 18% home mortgages. Interest rate fluctuations always drove home buyers out of the market. Low interest rates is a blessing, that's why the stock market climbed back up today. This certainly won't hurt housing either.
Low interest rates for 2 years is not good news to you ?? You must be nuts. We're used to interest rate game playing on a weekly basis, stability is key. Maybe you weren't around when they had 21% prime rates and 18% home mortgages. Interest rate fluctuations always drove home buyers out of the market. Low interest rates is a blessing, that's why the stock market climbed back up today. This certainly won't hurt housing either.