PUMP PUMP PUMP - $180 Billion more

[Thrashertm]

http://www.bloomberg.com/apps/news?pid=20601087&sid=acxSPUb3AuU8&refer=home


"Sept. 18 (Bloomberg) -- The Federal Reserve, the European Central Bank and the Bank of Japan united with their counterparts around the world to offer an additional $180 billion to markets facing their worst crisis since the 1920s. "

Question is - will they print enough money to cause inflation, pushing up our precious metal prices? Or, has the global destruction of credit actually pushed us into a deflationary condition?

 

[newyearsrevolution08]

sweet!

keep pumping that paper in!

if people are stupid enough to believe in it then they need to live with the realization AFTER the fact of what will happen once OTHERS realize how much bullshit our dollar really is.

 

[maqsur]

More inflation.... probably the markets will recover a bit today (although Asian markets were still somewhat down). But it's only a patch, and will be quite temporary, I think.

 

[Thrashertm]

It's ridiculous that there would be any kind of rally given the arbitrary anti-capitalist bullshit that FED is resorting to

 

[..PAUL4PRES..]

It's ridiculous that there would be any kind of rally given the arbitrary anti-capitalist bullshit that FED is resorting to

Well thats the headline this morning. "Wall street set to rally" Where exactly is all this money coming from? IS it US taxpayers, and Japense taxpayers that are going to foot the bill?

 

[newyearsrevolution08]

try and get me to pay taxes LOL

fuck that shit...

 

[Lafayette]

 

[..PAUL4PRES..]

Its 250 billion now.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aW2z_iiBnF2E&refer=home

 

[123tim]

There's just so much about this article that I don't understand. I hardly know where to begin with questions.

I don't understand where all of this money is coming from. It sounds to me like the U.S. Fed has wired permission to other countries pump imaginary money into the system. Is this true?

Quote:
"The Fed will spray the dollars around the world via swap lines with other central banks who can then auction them in their own markets."

My other question (Which depends on the answer to the first) is this:
Does this money come from the bank accounts of other countries or is it being created as we speak?

 

[Bruno]

There's just so much about this article that I don't understand. I hardly know where to begin with questions.

I don't understand where all of this money is coming from. It sounds to me like the U.S. Fed has wired permission to other countries pump imaginary money into the system. Is this true?

Quote:
"The Fed will spray the dollars around the world via swap lines with other central banks who can then auction them in their own markets."

My other question (Which depends on the answer to the first) is this:
Does this money come from the bank accounts of other countries or is it being created as we speak?

Ben is throwing it out of his helicopter.

Seriously, they were given "permission" by the Treasury Dept. to print or "create" more money to spread out.

Fighting fire with fire may work, but fighting inflation with inflation will not.

 

[Cowlesy]

Awesome.

I can hear the humming of the presses down in D.C. from wallstreet.

 

[armstrong]

happy days are here again,,for 22 min. lol geeeeeeeez

 

[voytechs]

"Question is - will they print enough money to cause inflation, pushing up our precious metal prices? Or, has the global destruction of credit actually pushed us into a deflationary condition?

Shadow stats shows that although M3 has backed off a little bit its still high in double digits. As to when price inflation will occur, the answer is simple. When the dollar looses enough value and not until foreigners stop financing us. When they do, the US will have to print money to pay bills and interest owned for everything. That's when the dollar will plunge and you will see banana republic style inflation. The 2 no coincidentally go hand in hand.

When will it happen exactly, who knows. My personal opinion is that it could happen any time. The ground is very shaky right now in the financial world. When I read stories that money market accounts are being frozen, that is a clear signal that there may be bank runs and certainly foreigners stopped rescuing US firms (unless is to acquire completely), they still buy our T bills though.

 

[123tim]

Ben is throwing it out of his helicopter.

Seriously, they were given "permission" by the Treasury Dept. to print or "create" more money to spread out.

Fighting fire with fire may work, but fighting inflation with inflation will not.

Good bye to our wonderful financial system.

 

[DAFTEK]

I cant believe how stupid the American people can be, Ron Paul supporters have seen this coming for some time now, they called him and his supporters CRAZY KOOKs! I wonder how many buckets of rice/beans/flower/cash/metals/ammo/ these crazy kooks have? Next year when god knows where this country will be, i can proudly say I TOLD YOU TARDS SO! Ron Paul Revolution!

 

[HOLLYWOOD]

$52 BILLION has moved from Money Markets to Treasuries...

$18 Billion from equities to Treasuries...

That was yesterday, expect much more movement out of investment to a bit securer "paper".

 

[Otter Mii-kun]

hyperinflation wave inevitable

When they do, the US will have to print money to pay bills and interest owned for everything. That's when the dollar will plunge and you will see banana republic style inflation. The 2 no coincidentally go hand in hand.

The Fed is already doing just that! Pushing us further into Zimbabwean-style hyperinflation in the name of "saving the stock market" which cannot be saved!

Also... oil has shot past $100 AGAIN! Although it has backed off a bit, it'll probably close above $100-and STAY there PERMANENTLY!

Watch as all the mainstream media pundits praise the weakening dollar and liquidity injections as "absolutely necessary" to "prevent Armageddon"

Pumping more inflation, cheap credit, and debt into the markets is NOT GOING TO SOLVE ONE DAMN THING-NOT ONE!

I think I'm going to write my congressperson (Candice Miller) and tell her to support H.R. 2755 to abolish the Federal Reserve System. (even though it'll be futile, I'm sure)

 

[Acala]

Thin freaking air

Well thats the headline this morning. "Wall street set to rally" Where exactly is all this money coming from? IS it US taxpayers, and Japense taxpayers that are going to foot the bill?

All the money is coming out of thin air. Which means ultimately it will come out of every dollar in circulation. Which means that eventually everyone who can get rid of dollars WILL. Including the trillions held by foreigners. And when that deluge is released, the dollar is finished and a new era will have begun.

 

[eric_cartman]

i think the markets just ate a quarter trillion dollars. they got a nice little 100 point rally from the money, now they need more. that didn't last long.

how much money are you going to have to throw at these markets to make them go up? because i think a quarter trillion isn't going to do it. you get a little 100 point spike that lasts a few hours... now we're back to where we just were.

 

[Otter Mii-kun]

i think the markets just ate a quarter trillion dollars. they got a nice little 100 point rally from the money, now they need more. that didn't last long.

how much money are you going to have to throw at these markets to make them go up? because i think a quarter trillion isn't going to do it. you get a little 100 point spike that lasts a few hours... now we're back to where we just were.

The DOW could've shot all the way up to 15,000+ and investors would STILL be asking for more!

John Maynard Keynes would've been proud of this latest inflationary spree.