The View From 1776

The Fed’s QE2 Fails To Deliver Promised Results

Forewarnings by critics of Mr. Bernanke’s current fiat money expansion program have been closer to target than Mr. Bernanke’s expectations.

1. I would think as a conservative, you would instinctively rejoice in a rising stock market. Although with Libya we have seen some rise in oil and gasoline prices (which will push up the cost of everything), inflation has been remarkably low and continues to be low, in spite of all the shouting about QE2 and the falling sky!
   Posted by .(JavaScript must be enabled to view this email address)  on  03/29  at  10:56 AM
2. Mr.Jay:
   
   This conservative (really , traditionalist) does not rejoice in bursts of speculation fueled by the Fed's creation of phony money. That is what caused the 1930s Depression, the stagflation of the Nixon-carter era, and all the economic bubbles since.
   Posted by .(JavaScript must be enabled to view this email address)  on  03/29  at  05:45 PM
3. Mr. Jay, read this op-d piece in today's Wall Street Journal:
   
   http://online.wsj.com/article/SB10001424052748704425804576220983131318962.html?mod=WSJ_Opinion_LEADTop
   
   It reflects my attitude toward present stock market exuberance.
   Posted by .(JavaScript must be enabled to view this email address)  on  03/30  at  12:40 PM
4. It was written by one Mr. Gary Sheffer, Vice President of Communications and Public affairs of the General Electric Corporation. discount louis vuitton In his letter, Mr. Sheffer says that while it is true that GE paid no taxes this year, it was because of losses at their GE Capital branch. 2945abc45 0401
   Posted by looisbrown  on  04/01  at  04:06 AM