European Union Surrenders to QE

[Smaulgld]

European Union Announces sixty billion Euro a month QE plan.

https://smaulgld.com/european-central-bank-announces-quantitative-easing-program/

 

[Madison320]

Janet Yellen is not going to let Europe win this race!

 

[Smaulgld]

Agree qe4 coming

 

[jllundqu]

The economic indicators don't point to more QE for some time absent some major shift in the markets.

 

[acptulsa]

The economic indicators don't point to more QE for some time absent some major shift in the markets.

Sure they do.

If the people who own the presses have Bentley payments due, it's time to print up some money.

What economic indicator could be more important than that?

 

[Smaulgld]

Eu qe means the dollar soars
The fed cant have that

 

[Dforkus]

Eu qe means the dollar soars
The fed cant have that

Us dollar index at now at 94.113, wowsers

Time to go buy a villa in Tuscany...

 

[Madison320]

The economic indicators don't point to more QE for some time absent some major shift in the markets.

What economic indicators?

 

[Smaulgld]

What economic indicators?

Even IF you believe the fudged GDP and part time job fantasy story, the Fed can't raise rates and won't-not with the ECB printing 1.1 trillion Euros

 

[fatjohn]

This boils my blood!

Why isn't this obvious to anyone that QE already has caused massive inflation? Massive inflation of the pockets of the oh so hated one percent?
It's literally dumping money in the bond market a market that is probably 99% owned by the 1%. And yet here in Europe the sheeple are shouting their heads off in order to get a wealth tax because the wealth gap is becoming to wide.

Great, implement a flawed policy to try correct the symptom of another flawed policy.

For fucks sake.

 

[fatjohn]

Seems like this is really playing out though. Saw this pyramid back when the CDS bubble was imploding. Now we are clearly in the second to last phase with the dollar bubble forming.

Come to Papa.

 

[acptulsa]

This boils my blood!

Why isn't this obvious to anyone that QE already has caused massive inflation? Massive inflation of the pockets of the oh so hated one percent?
It's literally dumping money in the bond market a market that is probably 99% owned by the 1%. And yet here in Europe the sheeple are shouting their heads off in order to get a wealth tax because the wealth gap is becoming to wide.

Great, implement a flawed policy to try correct the symptom of another flawed policy.

For fucks sake.

They're playing us off against the Europeans.

Butbutbutbut--if we don't print our asses off too, Europeans won't be able to afford to buy our stuff! Oh noez!!

 

[Madison320]

Even IF you believe the fudged GDP and part time job fantasy story, the Fed can't raise rates and won't-not with the ECB printing 1.1 trillion Euros

Don't forget about the interest on the 18 trillion in debt. Another big reason they won't raise rates, at least not significantly. I could see them making a symbolic gesture and raise it to 1 or 2% or something but nothing much over that. And even if they raise it a tiny bit they'll have to backtrack as soon as the economy starts to crash from the ZIRP QE hangover.

 

[devil21]

Keep stacking friends, keep stacking. The race to the bottom will accelerate this year, probably culminating with something major in September.