Amazon Deals

New at Amazon

Thursday, September 13, 2012

Federal Reserve Announces Open Ended QE III

Zerohedge: The One Big Problem With QE To Infinity

There is one big problem with the Fed's announcement of Open-Ended QE moments ago: it effectively removes all future suspense from FOMC announcements. Why? Because the Fed has as of this moment exposed its cards for all to see from here until the moment it has to start tightening the money supply (which may or may not happen; frankly we don't think the Fed tightens until hyperinflation sets in at which point what the Fed does is meaningless). It means easing is now effectively priced into infinity

And this: Fed Folds: Will Do Open-Ended MBS Buying, Extends Operation Twist

No comments:

Post a Comment