QE nightmare

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QE is just a big socialist wealth transfer scheme. In this case, it's from the poor to the rich. Expect bad things, longterm.

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John Larkin Highland Technology Inc

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jlarkin at highlandtechnology dot com

Precision electronic instrumentation Picosecond-resolution Digital Delay and Pulse generators Custom timing and laser controllers Photonics and fiberoptic TTL data links VME analog, thermocouple, LVDT, synchro, tachometer Multichannel arbitrary waveform generators

Reply to
John Larkin
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Doesn't "Quantitative Easing" just translate into printing currency (electronic or not) without financial backing?

Reply to
Greegor

Here's the WSJ op-ed

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Free money for Wall street. I should really remove whatever money I have left in the stock market. I expect it to tank as soon as the QE 'gas pedal' is released. Where to put it?

George H.

Reply to
George Herold

I expect it to tank as soon as the QE 'gas pedal' is released. Where to put it?

REITs are hard hit right now, look into them. NLY, IVR, CYS, TWO, HTS. NLY has had a couple of big insider buys lately. Paying high dividends 12-13%. Study though, the threat of QE reduction is why they're down, but it should all be priced in now and defense actions have been taken.

Mikek

Reply to
amdx

Yep, the fan has been running on high, and the shi..t is on the way.

Cheers

Reply to
Martin Riddle

The Fed is riding on the hungry tiger's back. 85 billion a month and no way to ever stop. They don't dare even start to taper off, lest Wall Street pitch a fit.

"Meanwhile, the country remains overly dependent on Wall Street to drive economic growth."

That's hilarious, in a very sick way. Wall Street doesn't create wealth, banks don't create wealth, they steal it and destroy it.

That's a tough one. If you leave it in a bank, some account or CD or IRA, you'll get effective negative interest but zero risk. When inflation picks up, as it will, the interest will go more negative. Investing in stocks might double your money, or cut it in half. So many pros are doing automated trading and such, it's hard for individuals to play the game.

I figure, real estate is good if the price isn't inflated. Fixed loan rates are still low, probavly a good deal with inflation looming. Investing in a business or IP is good, as long as the subject isn't too trendy.

It's scary. Nobody knows what's going to happen or what's safe. I certainly don't.

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John Larkin         Highland Technology, Inc 

jlarkin at highlandtechnology dot com 
http://www.highlandtechnology.com 

Precision electronic instrumentation 
Picosecond-resolution Digital Delay and Pulse generators 
Custom laser drivers and controllers 
Photonics and fiberoptic TTL data links 
VME thermocouple, LVDT, synchro   acquisition and simulation
Reply to
John Larkin

Guns and ammo are always a good bet. When all else fails. I figure each round of .22 cal will be worth it's weight in gold.

Reply to
tm

That's OK I don't expect any answers. I guess ~1/2 of my assets* are in my house. (of course it's only worth what I can sell it for.) ~1/4 in cash ~the other 1/4 in various 401K's maybe 1/2 of that is stocks... (I'm pretty conservative when it comes to money.) So I'll probably do nothing. If I lose ~$50k it won't matter too much. I do have two kids to send through college....(assuming they don't do something else.)

George H.

  • my biggest asset is me... which is a bit scary. (there's an ass in asset, if you didn't notice :^)

Reply to
George Herold

Make that .223

I've dumped some SP500, though it went up more today. When you are making 30% APR on your money, it is time to take some profits.

Reply to
miso

.22 for getting food for the table. .223 for keeping it. I bought lots of .22 cal 550 round boxes for 9.99 a box just before obozo got in. Now it's running as much as $60 a brick at shows.

That's 600 % in 5 years. 120 % APR

Reply to
tm

Check; means of creating inflation, making the dollar worth less (and eventually worthless). That way the dollars owed on debts,loans and interest can more easily be paid off; THAT was the reasoning / err.. excuse.

Reply to
Robert Baer

But inflation will push up interest rates. We'll soon have $20 trillion in debt. At 6%, the interest will be 1.2 trillion per year, about 6% of GDP.

We're borrowing money so wildly now because the effective interest rate is zero, partly thanks to our Chinese friends. Who, of course, will always look out for our best interests.

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John Larkin         Highland Technology, Inc 

jlarkin at highlandtechnology dot com 
http://www.highlandtechnology.com 

Precision electronic instrumentation 
Picosecond-resolution Digital Delay and Pulse generators 
Custom laser drivers and controllers 
Photonics and fiberoptic TTL data links 
VME thermocouple, LVDT, synchro   acquisition and simulation
Reply to
John Larkin

Have you bought any .22LR lately? I saw it at a gun show (haven't seen it in stores for two years) for $70/box. Amazing! It's almost worth its weight in gold now.

Reply to
krw

Chinese Professor ad (English subtitles) Citizens Against Government Waste

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The lefties hate this ad so much they have made parodies of it trying to blame their opposition.

Reply to
Greegor

Try pricing the .223/5.56 equivalent for AR-15 use. Hamburger cutters

...Jim Thompson

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| James E.Thompson                                 |    mens     | 
| Analog Innovations                               |     et      | 
| Analog/Mixed-Signal ASIC's and Discrete Systems  |    manus    | 
| San Tan Valley, AZ 85142   Skype: Contacts Only  |             | 
| Voice:(480)460-2350  Fax: Available upon request |  Brass Rat  | 
| E-mail Icon at http://www.analog-innovations.com |    1962     | 
              
I love to cook with wine.     Sometimes I even put it in the food.
Reply to
Jim Thompson

It's not quite that bad. Technically a big chunk of that is Social Security, which doesn't count--they don't actually have any legal obligation to repay it.

The Debt Held by the Public is the interest-bearing bear. That's $12.2T, today. Ordinary, normal, non-artificially manipulated interest on that would hurt, but we could pay it. 15% across-the-board cuts would roughly do it.

It's worse than that. We're borrowing to finance Obama's overspending, and, because no one else will loan it to us at rates we could afford, we're printing it and borrowing it from ourselves. That keeps the interest rates low--the Treasury sells bonds with low rates, and the Federal Reserve buys 'em.

They're printing $1T a year--6% of GDP in a 2% economy--hence the stock zoom.

It's still a great country, and we've got all kinds of great innovations and economic potential. It can all come back. There's no fundamental factor that makes any of this necessary or inevitable, it's Obama, the spending, Obamacare, redistribution, etc.

Cheers, James Arthur

Reply to
dagmargoodboat

(electronic or not) without financial backing?

nd eventually worthless). That way the dollars owed on debts,loans and interes t can more easily be paid off; THAT was the reasoning / err.. excuse.

Wrong. Deficit financing in a recession doesn't create inflation - the good s and service being bought would otherwise go unused, so there's no pressur e to raise prices. The reasoning was the Keynesian pump-priming mechanism t hat neither you nor James Arthur can understand, but has still given you th e Great Recession rather than a re-run of the Great Depression.

in debt. At 6%, the interest will be 1.2 trillion per year, about 6% of GD P.

Not until the economy comes out of recession, after which quantitative easi ng would be a really bad idea. Of course you will still have a GDP then. Th e Great Depression shrank the economy by 25%, leaving rather less GDP from which to pay off the debts.

ity, which doesn't count--they don't actually have any legal obligation to repay it.

today. Ordinary, normal, non-artificially manipulated interest on that wo uld hurt, but we could pay it. 15% across-the-board cuts would roughly do it.

is zero, partly thanks to our Chinese friends. Who, of course, will always look out for our best interests.

Wrong. The Us is borrowing money wildly now in order to keep it's economic recovery on course. The end of the Great Recession is in sight, but you are not there yet.

nd, because no one else will loan it to us at rates we could afford, we're printing it and borrowing it from ourselves. That keeps the interest rates low--the Treasury sells bonds with low rates, and the Federal Reserve buy s 'em.

In fact you are borrowing to finance Obama's stimulus spending - a fact you ignore because you don't believe that stimulus spending works. Essentially it mobilises the money that over-cautious citizens are keeping under the m attress and uses it to prod your economy into activity.

oom.

and economic potential. It can all come back.

Unless right-wing nitwits like you shut down the stimulus spending before i t has done it's job.

ble, it's Obama, the spending, Obamacare, redistribution, etc.

There is a fundamental factor that made all this stimulus spending necessar y - the shadow banker's descent into irrational home loans that fueled a ho use price bubble and went on to create the sub-prime mortgage crisis. James Arthur's feeble grip on reality allows him to blames this on the Community Reinvestment Act, despite the fact that loans made under the act didn't fa il any more often than other - non-shadow - bank loans.

He feels free to ignore the FCIC report, because it's conclusions didn't fi t his immutable beliefs, and must thus be wrong ...

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Bill Sloman, Sydney
Reply to
Bill Sloman

BS > Unless right-wing nitwits like you shut down BS > the stimulus spending before it has done it's job. All of the nations of the world should bow down to your superior intellect and knowledge about absolutely everything, Slowman. That's why you have Nobel prizes galore. Do you think that normal people presume to expound their massive intellect on people and governments of OTHER countries, Slowman? Based on the Australian press? ROFL Sure Slowman, when you say you aren't an Aspie I BELIEVE you because you show such great social skills and common sense. NOT! You said you are not physically awkward as if that rules out Aspies? LOL I still look forward to your reference material on female breast proportions. The Secret Life of Walter Mitty has been made into a movie, Bill.

Reply to
Greegor

He was responding to a deliberately inflammatory post on an international newsgroup. What is your problem with that?

And what do the actual Nobel prize winners think I wonder.

Perhaps none of us are strictly "normal", hardly anyone does usenet these days.

It is an international discussion group. That is what it is for. Off topic of course, but at least Bill does post about electronics sometimes (and is in fact an electronic designer). I don't recall a single on-topic post from you. (Perhaps there are some, but they are lost in the noise AFAICT). As JL would say, designed anything interesting recently?

You seem to have graduated to full-blown netstalker there greegor. What with the weird "Are you *****??" posts.

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John Devereux
Reply to
John Devereux

I do know a lot more than you do Greegor, but I'm afraid your defective judgment and total lack of any sense of proportion have let you down once again. There are plenty of people who know lots more than I do - though you may not know about them.

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Bill Sloman, Sydney
Reply to
Bill Sloman

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