View Single Post
Old 04-29-2014, 10:01 AM  
Vendzilla
Biker Gnome
 
Vendzilla's Avatar
 
Industry Role:
Join Date: Mar 2004
Location: cell#324
Posts: 23,201
Quote:
Originally Posted by trevesty View Post
I know that I'm not scared of doom and gloom stuff because I have a set of balls. I also know that the opposite of whatever you "predict" is probably what the reality will be. The Fed is doing it for a reason way above your pay grade. Once the banks feel "safer" about lending again, they'll start to back off of the $85bn / month - so, yes, once the Fed stops, it'll indicate that the banks are back to lending almost as "freely" as they were before the recession.
What do you think giving the banks 85 billion a MONTH is doing to the value of the US dollar?

You have no clear idea what more money in the system does to the value of our currency do you?

The op was about the US having the strongest middle class in the world, until the last 5 years. Obama's Administration fixed that
__________________
Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
Vendzilla is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote