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Forum Post: The Fed Has Started Talking About Ending Its Economic Stimulus Program!

Posted 1 year ago on May 13, 2013, 12:36 a.m. EST by BradB (2693) from Washington, DC
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The Fed Has Started Talking About Ending Its Economic Stimulus Program! Henry Blodget | May 10, 2013, 7:28 PM | 10,408 | 39

REUTERS/Yuri Gripas

Wall Street Journal reporter John Hilsenrath is so plugged in at the Federal Reserve that he has earned the nickname "Fed Wire." Whenever the Fed wants to start sending a new message to Wall Street, the story goes, they call up John Hilsenrath. And then, thanks to Hilsenrath's excellent articles, by the time the actual announcement comes out, it's no big deal, because everyone already knows about it. And now John Hilsenrath is reporting that the Fed has started talking about when and how to end its latest economic stimulus program: Federal Reserve officials have mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program meant to spur the economy—an effort to preserve flexibility and manage highly unpredictable market expectations. Officials say they plan to reduce the amount of bonds they buy in careful and potentially halting steps, varying their purchases as their confidence about the job market and inflation evolves. The timing on when to start is still being debated.

more: http://www.businessinsider.com/the-fed-is-talking-about-ending-its-stimulus-2013-5#ixzz2SwWHy8gY

21 Comments

21 Comments


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[-] 1 points by DKAtoday (28495) from Coon Rapids, MN 1 year ago

And now John Hilsenrath is reporting that the Fed has started talking about when and how to end its latest economic stimulus program: Federal Reserve officials have mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program meant to spur the economy

Imediately ( the start ) and a clean break ( pull off the band-aid fast and clean ) - transfer that money into real jobs creation. Get the money circulating through the economy - in payroll - new jobs.

In upgrading our power infrastructure with Green/Clean technology - add the liquid metal battery into the mix with the solar farms and Wind Farms as well as tying them into existing ( obsolete ) power plants -so they need not work so hard and to eliminate brown-outs and black-outs due to an overstressed and under-built power grid. The obsolete power plants need to be replaced - Got to Get OFF OF FOSSIL FUEL ASAP.

[Removed]

[-] -1 points by OTP (-203) from Tampa, FL 1 year ago

Ya right. They are all getting free money, and theres been nothing but bailouts for the last 5 years.

Ending the bailouts is going to be like taking something away from a spoiled brat. Except the brat is the one that runs the show.

They may take a break for a second, although I even doubt that. All of this was in their minutes from their meeting last month.

[-] -3 points by freemarket5555 (-182) 1 year ago

What did QE do? Kill bond prices. What did that do? Drive money into stock assets. What did that do? Make rich people, th ones who own stocks even richer. What else did it do? Crush bank interest rates, the ones that senior citizens need.

What didn't it do? Create middle class jobs. Why not? Because jobs are created by investment in the core of companies, not asset price manipulation.

I own stock, I am getting richer by the day, THRU NO ACCOMPLISHMENT OF MY OWN.

Why? Because you dolts elected the wrong guy. I didn't vote for him and he is making me rich! Cutting the budget ala Paul Ryan would have raised interest rates, driven money out of stock, and forced companies to innovate inorder to grow their stock price. Now the can cut employees, not invest in plant or labor and their companies stock price sky rockets FOR DOING NOTHING.

Sweet irony.

[-] 3 points by BradB (2693) from Washington, DC 1 year ago

Because jobs are created by investment in the core of companies, not asset price manipulation.

that's fucking stupid fm5.....jobs are created by companies investing in the middle class economy ... period.... not playing stock games that produce nothing but richer worthless spoiled brats.... the companies that do not create jobs need to be shut down...or taken over... they are just users.... who take and produce nothing....

[-] -2 points by freemarket5555 (-182) 1 year ago

Uh, that's what I said.

[-] 3 points by BradB (2693) from Washington, DC 1 year ago

that's not what you said....

  • and this is the problem with the established conservative block.... who religiously believe in the cliches & talking points ... and don't look at the details... it's just laziness & stupidity...

  • you suggest to invest in "the core of companies" .... that doesn't say anything.... invest in Hitler ? .... invest in those companies who harm us and the world ?

  • the details show that many if not most companies today do nothing but strive for quick profit for their stock holders .... with zero concern for how their actions effect the economy.....

  • the perfect formula for economic suicide ....

  • contrary to what your right wing media tells you.... progressive's love business ... and love those businesses that show profit.... but ONLY if they put into the economy... instead of take...

[-] -2 points by freemarket5555 (-182) 1 year ago

Core of companies means adding tools, adding employees, adding physical capacity, adding plant infrastructure.

Progressive think adding government debt and Keynesian Econ works. Even when confronted with absolute proof, in the form of a rising stock market and little real job growth. All the money, all the debt went to supporting stock prices, which lets companies grow richer without doing anything.

You are so stupid, you don't understand Econ.

[-] 3 points by BradB (2693) from Washington, DC 1 year ago

"Progressive think adding government debt and Keynesian Econ works."

  • more right wing cliches & talking points? .... can't you say or think anything for yourself?
  • to correct that BS....
  • Progressive's understand that the middle class is the consumer base and therefore a healthy middle class is what makes a healthy free-market economy ...
  • Progressive's understand that without a consumer, all businesses (who actually provide a service or produce a product) will eventually fail ....
  • Progressive's understand that ... If the existing Financial Institution is not willing to invest into the rebuilding of middle class economy... then we as a Nation have no choice but to add more government debt.... and replace the corrupt Financial Institution...
[-] -3 points by freemarket5555 (-182) 1 year ago

Holy shit. You're batshit crazy! When confronted with clear proof, you still cling to progressive mis information.

This is entertaining. Really entertaining. Government debt has doubled, the stock market is hitting record highs, making me rich for doing nothing, the middle class hasn't recovered, it's just investors like me getting richer, and you think the answer is more of the same.

Seniors are suffering because interest are so low, driving ONLY stock prices higher, and you want more of that. Hilarious. Wow. Just wow.

[-] 3 points by BradB (2693) from Washington, DC 1 year ago

????

"....Seniors are suffering because interest are so low,..."

FUCK YOU... Seniors are suffering because your god damn bastard bankers destroyed their savings... kicked them out of their homes.... and sucked off the healthcare industry so much ... that now they can't even afford medicene

yeah.... sure.... it will be a hundred years before another Republican sees the presidency

[-] -2 points by freemarket5555 (-182) 1 year ago

You are batshit crazy. Certifiable.

Most seniors have their savings in T bills and CDs. These weren't damaged or lost in the recession. They were safe. However the continued artificially low interest rates, a product of dumb ass Keynesian policies kills senior income. The daily yield curve for a 5 year t bill is .67%. That's what seniors have as their extra income. The real interest rate should be about 2.5% above inflation. Then those CDs that seniors count on would be generating some income.

Batshit crazy.

[-] 2 points by BradB (2693) from Washington, DC 1 year ago

you r an elitist ... the Senior's you speak of are the Rich ones.... as usual the dumb ass GOP & you... never think of those outside of your circle....

personally I believe we should print New currency ... give it out to the 99% ... and let your Fed Promissory Note dwindle to nothing .....

[-] -1 points by freemarket5555 (-182) 1 year ago

Rich ones still invest in the stock market. I am talking about those with maybe $50000-$200000 in life savings. They sold their house,they live in retirement villages and they need very safe income. If rates were at 5% on CDs they would have an extra $400 to $1000 a month.

You know nothing about the world. Batshit crazy.

[-] 2 points by BradB (2693) from Washington, DC 1 year ago

then offer a %5 CD .....which you could do ... if you all started investing in productivity...

[-] -3 points by freemarket5555 (-182) 1 year ago

Also batshit stupid. Your liberal government is artificially forcing interest rates down. The Fed cant offer 5% interest AND hold rates down to "spur" growth.

Honestly, how old are you? I bet you are in high school. No one older than 22 could be this un informed.

[-] 4 points by BradB (2693) from Washington, DC 1 year ago

with....the safety of the US Treasury

  • see... now that is the problem.... no ? ..... you modern day bankers want security & safety.... you want sure things... sure bets.... at the expense of the people.... no ?

  • why even have banks ? ..... you do not do anything constructively anymore .... all you are, are glorified tellers for the Fed....

  • you don't help build communities anymore....

  • you don't help build factories anymore....
  • you don't help build business anymore....
  • you think trading money is business...
  • you don't create jobs anymore....
  • you don't take any risk anymore....
  • you don't need to ... the Fed will get the Treasury to bail you out...

  • you all need to start putting in ..... contributing .... or there will be zero economy ....

[-] -3 points by freemarket5555 (-182) 1 year ago

Seniors should never entrust their life savings to anything other than US bonds.

You are an idiot.

[-] 3 points by BradB (2693) from Washington, DC 1 year ago

Seniors should never entrust their life savings to anything other than US bonds.....

if you are so concerned for the Seniors.... there is no reason your bank can't offer a 5% CD... that is Federally insured for at least the current FDIC CD rate ... no ? ..... but if your backing Paul Ryan ... it's obvious you are only interested in your profits

[-] -2 points by freemarket5555 (-182) 1 year ago

No it's not insured.

[-] 2 points by BradB (2693) from Washington, DC 1 year ago

oh... I see ... I didn't realise YOU were the Fed

and .... I'm old enough to recognize a con-game when I see it

[-] -2 points by freemarket5555 (-182) 1 year ago

I can't offer 5% with the safety of a T Bill. Retired folks need pure safety, the safety of the US Treasury.

Batshit crazy, batshit stupid.