Quantitative easing has begun

[metalman]

Re: Quantitative easing has begun

Regardless, I think it's safe to say that we shouldn't expect very dramatic effects from quantitative easing. It may have some effect, but the Fed certainly has much greater power to combat inflation than deflation.

that assessment runs 100% against all of history. have you read anything here?

[jtabeb]

Re: Quantitative easing has begun

JT,

You are correct that the nation to successfully implement some type of 'hard' currency will benefit the most, but there are some nations which cannot do it.

The US, for one. After all, 'hardening' the US dollar means being forced to repay all that debt at par value.

Not a good thing...

Dude, I didn't say a damn thing about hardening the dollar. I SAID HYPERINFLATE the shit out of the Dollar to pay off debts and have a hard Currency (mulit-PM Digital Redeemable, weight and type would be the units of Value specified NOT DOLLARS!!!!!).

Don't not ,repeat DO NOT want us to go back to the dollar gold standard.

[jtabeb]

Re: Quantitative easing has begun

that assessment runs 100% against all of history. have you read anything here?

Rimshot, nice one