Seeking Alpha

Moon Kil Woong » Comments » Single Comment

  • Fed Watch: Rates May Be At Zero, But Where's the Quantitative Easing? [View article]
    The quantitative easing is the Fed guaranteeing everything but your dry cleaning bill and their blowing up their balance sheet from $800 billion to $2.3 trillion. Sadly the Congress ceded it's only real authority aside from declaring war apparently. Likewise, with TARP and no rules on how the funds are used the President essentially also gets to allocate $ as he deems fit (Here's some for you dear friend, and some more to AIG, Citibank, and Goldman. Anyone who didn't make this mess? Nope... Oh well.)

    So as you can see, they have started "easing" themselves into owning all the assets that were once yours but won't be after you loose your job, house, and car. That's what quantitative easing is all about. Ask the German's in the Weimar Republic. First they lost everything, then their $ became worthless. Then everything went to hell in a hand-basket.
    Dec 19 05:17 am |Rating: 0 0
All Comments by Moon Kil Woong »
Comments by Ticker
A, AA, AAPL, ABB, ABC, ABK, ABT, ABX, ACI, ACLS, ACN, ACTL, ACWI, ADBE, ADE, ADM, ADP, ADRE, ADSK, ADXTF.PK, AEM, AERG, AET, AFAM, AFG, AFL, AGG, AGIBY.PK, AGNC, AGO, AGP, AGU, AHR, AIA, AIG, AIG.PA, AIS, AIV, AKP, ALGT, ALTR, ALU, AMAT, AMD, AMGN, AMKR, AMR, AMT, AMTD, AMX,
Moon Kil Woong is a
Top 10 Commentor
2603 comments
Rating: 6453 (9019 - 2566 )