Bernanke: New Stimulus/QE3 if Economy Doesn't Improve

Yup. Here we go. Just have the Fed buy up more. It worked so well last time, after all.

Link to Article

Federal Reserve Chairman Ben Bernanke said Wednesday that the central bank is prepared to provide additional stimulus if the current economic lull persists. Delivering his twice-a-year economic report to Congress, Bernanke laid out three options the central bank would consider. One possibility, he said, was another round of Treasury bond buying. That would make the third such effort since 2009.

This is ridiculous and shouldn't happen. This will definitely patch an hemorrhage but the wound will still bleed. In the end it will create super inflation and the U.S. dollar may become less and less valuable with the country on the verge of economic default. When # will hit the fan and it will it is only a matter of time now if Bernanke keeps on printing money the situation will become more critical if instead they default the 3 of august IMHO.



Thruthseek3r

reply to post by samcrow


Done:

www.abovetopsecret.com...

the idiots are at it again ....

didn't work last time..

or the time before..

why would it work now?

reply to post by samcrow


kick his butt out and expose the real reason we are in debt...
did you hear the whole thing?
it was a threat.
this jerk threatened us.
i have an a idea for a debt limit...
ZERO
and we can back that by american gold silver and goods.

Originally posted by Americanist
reply to post by samcrow

 

Done:

www.abovetopsecret.com...

Meh. I did a search and it didn't come up.

reply to post by samcrow


Another Stimulus wont help the Economy, looks like my Chinese economist teacher was right about the Economy

(America will never recover from this, they can try but will fail)

No more adding to the debt by these boneheaded douchewagons as that will make this already bad situation only worse and will work to work against the nation.

Stick a fork in both Bernake and The Federal Reserve as their demise is soon enough.

I quite frankly do not give a flying yap what he or any of his group of criminals say or want as it is no longer about them which they cannot stand as it is about us, The United States and the rest of the world. They are no longer relevant nor do they matter.

They already know full well who I am and what I can do.

The sad thing is as soon as they try to do this we will default on the spot.

Originally posted by dreamfox1
The sad thing is as soon as they try to do this we will default on the spot.

Any stimulus regardless of size will immediately tip us over into the $15 Trillion range which is force the default.

See, they are trying to get us to default and have now been caught, yet again, red handed as they have been the central directors of this entire imaginary financial calamity.

QE1 was a joke, QE2 has proven to be a joke, QE3 and 4 will be no different!

I'm reminded of the dutch boy plugging a leak in the dike by sticking his finger in the hole.

Originally posted by violence=answer
reply to post by samcrow

 

kick his butt out and expose the real reason we are in debt...
did you hear the whole thing?
it was a threat.
this jerk threatened us.
i have an a idea for a debt limit...
ZERO
and we can back that by american gold silver and goods.

Why is he heading the privately owned Federal Reserve Bank?

Seriously why? I know he is really educated and qualified to be there but is Bernanke insane.

reply to post by John_Rodger_Cornman


no he is a pawn and is choking us intentionally
and guilty of treason among other things