Our Federal Reserve is a joke - E46Fanatics E46 BMW Social Directory E46 FAQ 3-Series Discussion Forums BMW Photo Gallery BMW 3-Series Technical Information E46 Fanatics - The Ultimate BMW Resource BMW Vendors General E46 Forum The Tire Rack's Tire Wheel Forum Forced Induction Forum The Off-Topic The E46 BMW Showroom For Sale, For Trade or Wanting to Buy

Go Back   E46Fanatics > Everything Else > The Off-Topic > Money Matters

Money Matters
Financial, Stock, Investment etc. posts here.

Thread Tools Search this Thread Rate Thread Display Modes
Old 08-16-2011, 04:35 PM   #1
Registered User
Join Date: Oct 2003
Location: Dallas
Posts: 584
My Ride: Is slow
Our Federal Reserve is a joke


Although the insinuation that one person alone(Chairman of Fed Reserve) is to blame is preposterous, the article does a good job showing the effects and some reasons behind the perpetual devaluation of our USD.

Live slow, die whenever.
cancell is offline   Reply With Quote
Old 08-21-2011, 04:09 AM   #2
Registered User
Join Date: Jun 2007
Location: LAS VEGAS
Posts: 3,001
My Ride: SLOW E46
And it's privately owned....
DADON4SHO is offline   Reply With Quote
Old 08-21-2011, 09:12 AM   #3
Registered User
Join Date: Apr 2004
Location: Acworth, GA
Posts: 219
My Ride: 2010 Infiniti G37
The reality since Ben Bernanke announced his QE2 policy in August 2010 is:
Gold prices are up 42%.
Causation? Correlation? Hmm. Let's check other time periods to see if this is even anything new..
From August 2005 - August 2006 gold prices rose 44% with no QE policy in effect.

Did QE have an effect on commodity prices as the article suggests? If it did, was it negative or positive? Gold price increased less with QE then it did prior to the recent recession without any QE policy in place. Is the author of that article dumb enough to think that one single factor (or more absurdly one person) can really essentially control inflation/deflation and cost of living?
Wraisil is offline   Reply With Quote
Old 09-20-2011, 02:44 PM   #4
Registered User
Join Date: Aug 2010
Location: Reston, VA
Posts: 2,675
My Ride: 77' 924 87' E30
The rampant greed on Wall Street, corruption in Washington DC, shallowness of the American people and cowardice of all in not accepting responsibility for their actions will lead to the end of this country as we know it.

The utter failure of QE2, hollow Congressional spending "cuts" that will keep the National Debt on track towards $23 trillion by 2021, S&P downgrade and recent plunge in the stock market are the first cracks in the fašade of the great American Empire. We have entered a period of institutional crisis and this fiscal spiral will lead us further into the clutches of a more centralized authoritarian form of government unless the people stand up to the junta of mercantilist oligarchs that control this country. Do we want to relinquish our remaining freedoms and liberties for the cloak of corporate fascist authoritarian central planning disguised as safety and security? The Romans chose security over freedom. The time has come to make a choice about what we will become. Ben Franklin stated the obvious two centuries ago:

Those who would give up Essential Liberty
to purchase a little Temporary Safety,
deserve neither Liberty nor Safety.

- Ben Franklin
Bilstein HD's | E30 M3 FCAB's | H&R OE Sports | F+R strut bars | Self tuned 027 93 octane chip | KoseiK1's on R888's | + crazy OCD maintenance

Last edited by new//M3fan; 09-20-2011 at 02:46 PM.
new//M3fan is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Censor is ON

All times are GMT -5. The time now is 02:56 PM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
(c) 1999 - VerticalScope Inc. All rights reserved.