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FED to the rescue
#1
BBC NEWS | Business | Fed pumps $1.2tn into US economy

And here you have it
1.2 trill pumped into the economy
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#2
And it's lowering our dollar value. Well I guess if it works, it works.
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#3
It better work.
You can run....but you'll just die tired.
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#4
Blue Wrote:And it's lowering our dollar value. Well I guess if it works, it works.
explain how buying bonds( things in general ) lowers the value of our Dollar.
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#5
Ares Wrote:explain how buying bonds( things in general ) lowers the value of our Dollar.

I might stick around to hear this one. Not that our bonds our worth as much as they used to be with us whoring them out to China over the years, but still.
You can run....but you'll just die tired.
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#6
Honestly? I believe what I read. Unless you're also questioning the credibility of your source. That or I'm misintrerpting this.

Quote:However, the announcement hurt the dollar, which hit a two-month low against the euro on fears that the measures would undermine the currency.

I leave it up to you to decide what it is.
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#7
I do not just believe what I read.I am more interested in results.I can bullshit with the best of them.I promise you I could fabricate an article and get it printed or fed to a note worthy journalist.
Would this make my writing true or factual? Absolutely not...and yes I know important people and still exchange letters with ex-Senators.
[SIGPIC][/SIGPIC]

A Light in your Darkness...always there...and burning...
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#8
There are to many people these days that just believe whatever they read in the paper or news. News is biased at times. If you want to know the truth of something, reasearch it yourself from multiple sources and see what you come up with.
You can run....but you'll just die tired.
~~~~~~~~~~~~~~~~~~~~~~~~~
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#9
You guys took that a bit too literally.

Oh sorry...
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