March 17, 2012
stimulus and response is our greatest power- the freedom to choose.”-
Fed gets together and will have a chance to make a case for its past
and future policies. The thing is if you take a bow for successful past
policies why would we need new policies? I
this is the meeting where we should hear the Federal Reserve is
byzantine array of policies and schemes because they were no longer
Instead, many stock market bulls are hoping to hear about the latest
idea known as sterile easing that would pump even more cash into the
apparently this tranche wouldn’t have any influence on inflation.
sure how it would work, but it stands to reason if it’s hedged to the
not being inflationary then it’s going to be dead on arrival. On the
money-printing, there is growing speculation that China might spring a
rumors suggest China will reverse the slide of its currency immediately
rejoin the race to the bottom. China is in a bind, and it would like to
the transition toward more domestic growth but jumping that track is
without possible peril, and maybe leaders are losing their nerve. The
economic miracle is known the world over and cannot be completely
in China there is no pressure from concerned citizens to stop policies
could actually be detrimental down the road. In fact, at this point
China are so hungry they want the party to rock at its highest level
and everyone wants to get on the dance floor.
they had the freedom to choose, it occurs to me folks in China aren’t
interested in moderating opportunity or even inflation (to a point).
thing is in the land of the free we don’t have freedom of choice,
Fed gets to decide if the risks are worth the rewards. Scuttlebutt last
had the Fed working on a way to pump money into the system without
is through the roof and gasoline is through the roof but the Fed is
prime the pump in such a way that it will defy logic, arithmetic and
is America is sitting on a powder keg of real stimulus in the American
American businesses (large and small) and American pride. We have been
into putting all that on the shelf to let Washington drive the bus much
Beijing drives everything in China.
the one-two punch of fiscal and monetary policies that haven’t worked,
through the process created greater threats. Sure, the market has
home prices are still dropping and wages are flaccid, too.
and other columns at Townhall Finance...