Is QE3 going to be Bourne ultimatum or T3?<\/p>\n
You decide what makes sense.<\/p>\n
Fed\u2019s mandate is employment and inflation. Long term or short term?<\/p>\n
You can go thru the academics of it. In a recession, it appears, printing money means — no risk of inflation (recession means risk of contraction). It can only increase employment…<\/p>\n
Why?<\/p>\n
I suppose, because, we now have the formula. Decades of economics just gave us the formula for fighting deflation and increase employment.<\/p>\n
How about centuries old formula — we need to earn our living.<\/p>\n
Hmm… Do I see T3 or Bourne Ultimatum<\/p>\n
T3 had a formula. Expect the unexpected. Not sure why… Bourne wanted to know why?<\/p>\n
Do we want to understand why QE3 will work? Specially, since, people want to keep doing what they were doing (irrespective of the contribution). Answer — Give money to people:Build infrastructure:Keep generating employment…Employees get money and they spend. GDP will grow… <\/p>\n
Obama will take care of all of us, because everybody has a birthright to live well.<\/p>\n
Why would that work? Whose money are they printing? <\/p>\n
May be we will see a prequel with Alan Greenspan (and he will tell us why Ayn Rand told him to let everybody free by borrowing with no consequences… ) and Bourne would interpret her differently… <\/p>\n","protected":false},"excerpt":{"rendered":"
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