TSX:LSG.DB - Post by User
Comment by
tarnoiron Oct 04, 2013 4:00pm
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Post# 21792408
RE:RE:RE:RE:shorty is here
RE:RE:RE:RE:shorty is here
I need to take you to task over your comment "$85/B/month is tiny for U.S. economy". For 12 months, that equates to $1 Trillion dollars!! For an economy @ $15 Trillion, that is an increase of 7% of the money supply - for one year! Add in the previous 5 years worth, and the money supply has probably increased by almost $5 Trillion. When you put that number into perspective, that is 1/3 of the U.S.'s economic GPD. That, my friend, is no tiny amount! It is absolutely unprecedented! Throw in Abe's BOJ stimulus along with the BOE and wowzers!!! That's a lot of extra liquidity being thrown @ the world economic machine. Wonder knows why gold isn't a lot higher, but time will tell IMO. We are traveling down a road that has never been traveled and I'm afraid the path is getting darker and darker b/c QE @ $85 B/mnth is NOT working. Next step, $100 B? Crazy stuff.