B smith

Quant Easing: Central Banks Unleash the 'Nuclear' Option

Excellent article. I wish there were other choices other than QE. I see that the Fed is attempting to repair, and the White house is using the "opportunity" to expand non stimulous spending, which counters the Fed's moves. This could create stalemate.. and then many of the negative scenarios which are mentioned. Not too many places to hide, investment wise or countries to live in.. that will allow many individuals to prosper.. I guess it depends on how much investment money you have in cash to invest into liquid inflation hedges..

I sense improvements.. and then I am reminded by Congressional actions.. just how little many of our elected officials know about capitalism and what is necessary to foster job creation. Should we teach capitalism and how jobs area created in a free market system work in school? If the children only learn environmentalism, who will they vote for?

Obama is such a great orator.. I think he could sell anything..
Is he steering us toward the European model.. It seems the public thinks that approach is more "fair" and is less "corporate", and there is not much media coverage that they are doing much worse than we are now.. so we are going to move toward their model? rather than return to removing many of the shackles we have placed upon US manufacturing?

The fed attempts to deal with what is now, and the Congress continues on without studying the consequences of their actions..

What does everyone think, about a return to a discussion of what it will take to stimulate job creation, rather than reaction to monthly news.

Would it be wise for the United States to reverse regulation, cap litigation awards, incentivize manufacturing again? Can we go forward with 70% of the GDP being consumer spending?
Should we debate the wisdom or consequences of the rapid increase in the cost of doing business in the US and the simultaneous opening of imports of manufactured goods?
What did we think would happen...
Is there a plan.. ? are there goals..?
I don't think confidence can return until there is a long term plan that the public is educated in.. that will actually work, and there are measurable goals in place, and we review our progress against.
Until we review how each new piece of legislation measures up against the goals and is passed only if it improves our chances of reaching the goal.

Thoughts?