CultureCitizen
Silver Member
- Jun 1, 2013
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Ok Ed : tell me exactly what kind of assets went into QE3. And proove it with actual references and not just your usual mouthfull of hot air.why not repair an infrastructure that we already know needs it and get more people working thus reducing the number of people collecting a check for watching TV
100% stupid and liberal as usual. Why not get them real jobs in real businesses where they make stuff in a competitive environment that people actually want to buy to improve their standard of living. The USSR failed because everyone had make- work government jobs..
Do you have the IQ to understand that??
... I'll save you the the job . Nobody knows :
“I want to be completely clear that I strongly oppose Audit the Fed,” she told the Senate Banking Committee at a hearing. “Audit the Fed is a bill that would politicize monetary policy and it would bring short-term political pressures to bear on the Fed.”
Janet Yellen
Once more with feeling Janet Yellen pans Audit the Fed - POLITICO
And although the main goal of this article is not to assert that al the QE money goes into financial instruments, but rather how that money supply is causing an asset buble ( and to which extent the money allocation is actually transfered into the financial instruments). It certainly supports my point of view.
Money Doesn t Really Go Into Other Financial Assets - Ludwig von Mises Institute Canada