LOL wrote: Right now the Fed is saying 2015, or 6.5% unemployment, or 2.5% inflation. Its hard to keep up with Ben's numbers. The only certainty is he loves printing money and zero interest rates! Screw the savers!
And srew our kids... let those little chumps pay when we're all dead! That would be like me buying a multi million dollar mansion at a .05% interest only rate that balloons in 30 years with my grandkids on the hook when it does.
But just as long as I'm comfortable, who cares?
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
LOL wrote: Right now the Fed is saying 2015, or 6.5% unemployment, or 2.5% inflation. Its hard to keep up with Ben's numbers. The only certainty is he loves printing money and zero interest rates! Screw the savers!
And srew our kids... let those little chumps pay when we're all dead! That would be like me buying a multi million dollar mansion at a .05% interest only rate that balloons in 30 years with my grandkids on the hook when it does.
But just as long as I'm comfortable, who cares?
Great point!
I was listening to 710 this morning and they had on a man from the Wall Street Journal talking about the new QE program. And he said the biggest holder of US debt is the Fed. One day the world and Americans will realize that our money is no longer any good.
Just because you can print money, doesn't mean you should, year after year after year.
Thomas Sowell: There are no solutions, just trade-offs.
