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All Of Your Quantitative Easing Questions, Answered

Sunday, March 3, 2013 - 4:38 PM
When is it ineffective? When is it justified? And what about unintended consequences?


Quantitative easing: All your questions, answered. - Slate Magazine
5
ShorebreakShorebreak2,365 posts since
Apr 6, 2010
Rep Points: 12,598
1. Sunday, March 3, 2013 - 6:51 PM
Dear Shorebreak,

I found the last two sentences from the article interesting.

The second last sentence states a certainty.  The last sentence raises a possibility.

Yours Truly,
- Anonymous
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
2. Monday, March 4, 2013 - 10:14 AM
Is there ANY good financial news out there?  The handwriting is glowing on the walls and yet no one in Washington seems to be taking it seriously?  What are savers supposed to do?  Just wait for the wall to burst and drown in all of the financial inadequacies which are destroying our currency?  What good is money if it isn't worth anything?? 
2
paoli2paoli21,140 posts since
Aug 10, 2011
Rep Points: 5,083
3. Monday, March 4, 2013 - 11:21 AM
Dear Readers,

Of late (since Febriary 1, 2013) the US Dollar (our own greenback) is doing great compared to other currencies.

One simple measure is an ETF that tracks "our currency" ticker UUP.  It is a measure of how well "our currency" is doing compared to other major currencies. 

It reached a low 21.53 on Feb 1, and now it is around 22.46 ... That's more than 4% up! ... In short what it means is the people holding US Dollars since Feb 1 are better off today, better by 4% at least!

... No wonder actually ... Ours is the only reserve currency in the world! :-)

Yours Truly,
- Anonymous
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
4. Monday, March 4, 2013 - 11:45 AM
What good does it do if the dollar looks better on paper but is really back by "worthless" paper?  What is it backed up by?  Tell me that and maybe I can be happier about the numbers you show.  Your post actually "almost" cheered me up for 2 seconds YT.  Thanks anyway.
1
paoli2paoli21,140 posts since
Aug 10, 2011
Rep Points: 5,083
5. Monday, March 4, 2013 - 11:49 AM
Dear paoli2,

How happy you are or how miserable you are, is not my concern ... as you might imagine! :-)

My concern is our greenback, which is strong, and it is the only reserve currency in the world.

Yours Truly,
- Anonymous
2
ytytytyt64 posts since
Feb 28, 2013
Rep Points: 197
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