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 The Dollar 
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Post The Dollar
This Weekend: Talk of Dollar Dump between G20 Nations

(Vocus/PRWEB ) November 3, 2009 -- Best-selling author Daniel Estulin states that the key issue to be discussed this week at the G20 Finance Ministers and Central Bank Governors Meeting, being held in St. Andrews, Scotland, is how to bring down the present world financial system through dumping the US dollar. Estulin first reported on this initiative as being deliberated at the most recent Bilderberg meeting held in Greece in May 2009. Estulin says that the success or failure of this callous plan hinges on the ability of the US and UK representatives to convince the Russian, the Chinese and other national governments to go along with their scheme.

Estulin maintains that if the co-conspirators succeed, such sudden devaluation of the US dollar would result in the sinking of the world economy through a chain-reaction collapse of the entire world’s financial system. As discussed during the Bilderberg Group’s super-secret conclave back in May, this breakdown would then be used as an excuse to launch a new world monetary system. G20 leaders are aware that those who run the monetary markets, the monetary system, control the world. That is why today, the world is run through a dominant one-currency monetary system and not by national credit systems.

A severe breakdown crisis would affect every corner of the world and be a prelude to instability, wars and general hostility along financial, geographical and geopolitical lines, affecting not only particular countries but also societies, cultures and whole continents. Such a breakdown could result in a consolidation of the world’s monetary system.

http://thecomingdepression.blogspot.com ... -dump.html

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Tue Nov 03, 2009 11:08 am
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Post Re: The Dollar
Can't blame the Chinks....they've bought almost 80% of our debt in the last 6 or 7 years. Now Helicopter Ben is QE'ing as fast as he can....

sooooooo what did the Chinks do last quarter? They all but stopped buying our debt. Who's buying our debt now? Believe it or not...the Fed....

talk about the mutha of circle - jerks happening now..... We need upwards of 100M a week to "run this country"....and no ones buying US T-bonds.....so Bennie calls up Turbo-Tax Timmy...and has him issue T-bonds... which are then purchased by the Fed. Who makes up the Fed? (and no, I'm not talking about the regional Federal Reserve "outlets").....look up what major banksters comprise of the FED.

Meet your new masters......


Sun Nov 08, 2009 5:20 pm
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Post Re: The Dollar
China Signals That It May Allow Currency to Rise Against Dollar
Published: Wednesday, 11 Nov 2009 | 11:01 AM ET
By: Reuters

China sent its clearest signal yet that it was ready to allow yuan appreciation after an 18-month hiatus, saying on Wednesday it would consider major currencies, not just the dollar, in guiding the exchange rate.

In its third-quarter monetary policy report, the People's Bank of China departed from well-worn language on keeping the yuan "basically stable at a reasonable and balanced level." It hinted instead at a shift from an effective dollar peg that has been in place since the middle of last year.

"Following the principles of initiative, controllability and gradualism, with reference to international capital flows and changes in major currencies, we will improve the yuan exchange-rate formation mechanism," the central bank said in a 46-page monetary policy report.

The comments, published just days before a visit to Shanghai and Beijing by U.S. President Barack Obama, set out the possibility of a return to exchange rate appreciation that began with a landmark July 2005 revaluation.

The yuan strengthened by nearly 20 percent against the dollar until concern over the impact of the global financial crisis prompted Beijing to hit the brakes in the middle of last year to protect exporters.

The yuan has been stuck at around 6.83 per dollar ever since, drawing increasing ire from other countries, especially as it has followed the dollar downwards against other currencies.

The dollar has dropped 13 percent against a basket of major currencies including the yen and euro since mid-February.

Back to a Basket?

Some analysts have called for the return to a genuine basket of currencies, which the central bank said in 2005 it would use as a reference for the yuan.

"I think the wording change ... shows that it is an irresistible trend for China to resume yuan appreciation," said Xing Ziqiang, an economist at China International Capital Corp (CICC) in Beijing.

"It is not sustainable for the yuan to always be pegged to the U.S. dollar; after all, the repegging since late 2008 was just part of China's measures to address the global financial crisis, and now the impact of the financial crisis is fading, so the yuan should resume appreciation sooner or later."

The central bank's report came just hours after data that showed the world's third-largest economy had firmly put the worst of the global financial crisis behind it. Factory output growth surged to a 19-month high of 16.2 percent in October.

While exports were still down in year-on-year terms, economists pointed to the likelihood that they would start growing again soon.

Some analysts said the statement could have been timed to send a signal ahead of Obama's Nov. 15-18 visit to China.

Obama told Reuters on Monday that he planned to raise the currency issue during his trip.

However, Beijing is increasingly facing complaints about its currency from other emerging economies, which see an undervalued yuan as undercutting them in global markets.

No Sudden Shift

Those concerns were evident in a draft statement from APEC finance ministers circulated on Wednesday, in which they call for flexible interest rates and exchange rates as a way of redressing economic balances.

"We agreed that flexible prices, including exchange rates and interest rates, play a critical role in allocating resources efficiently, and can facilitate the adjustments needed to support balanced and sustainable global growth," said the latest draft statement by the finance ministers dated Nov. 10.

While the statement could change in its final form, a deputy Chinese finance minister was present at discussions on it, suggesting some level of agreement by Beijing on the wording.

However, analysts were quick to caution against expecting any sudden shift in the yuan's actual value, given China's penchant for carrying out any reforms gradually.

"The central bank's worries about capital flows, liquidity, and inflation signal growing pressure for yuan appreciation," said Ben Simpfendorfer, strategist with the Royal Bank of Scotland in Hong Kong.

"But I'm not looking for gains in the currency until the second quarter as the export sector still faces large challenges and margin pressure." Markets priced in a slightly greater appreciation over the coming year.

Offshore one-year dollar/yuan non-deliverable forwards (NDFs) fell to 6.6075 bid late on Wednesday compared with Tuesday's close of 6.6320.

Yuan appreciation implied by NDFs, which moves inversely with the forwards, was around 3.3 percent in a year compared with 3.06 percent before the announcement.

Xing with CICC said he was expecting even greater appreciation, of 3 to 5 percent next year, in the face of growing external and internal pressure.

"For China's own sake of balancing its economic growth and reducing its large surplus in the trade account, it is also necessary for the government to make the yuan more flexible."

http://www.cnbc.com/id/33850971

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Wed Nov 11, 2009 11:06 pm
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Post Re: The Dollar
'Basket' should replace U.S. dollar as reserve currency, IMF says

By Alan Wheatley and Simon Rabinovitch, ReutersNovember 17, 2009

BEIJING -- The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on Tuesday.

Dominique Strauss-Kahn, the managing director of the International Monetary Fund, restated his view that a new global currency might evolve out of the Special Drawing Right, the Fund’s in-house unit of account.

“That probably has to be a basket,” Strauss-Kahn said of the eventual replacement for the dollar. “In a globalised world there is no domestic solution,” he told a forum.

Speaking later at a news conference, Strauss-Kahn reiterated the message that has been a constant refrain during his visit -- that China needs a stronger yuan as part of a package of policies to help rebalance its economy by promoting domestic demand.

“For us, because it just is consistent with the new economic policy in China, the sooner the better. How fast? It will take time. It is not something which will change in one step overnight,” Strauss-Kahn said.

China has kept the yuan, also known as the renminbi (RMB), pegged around 6.83 per dollar since July 2008, following a 21% rise over the previous three years, to help its exporters weather the global economic crisis.

“We do believe firmly in the IMF that the RMB is undervalued and that it is not only in the interests of the global economy but also in the interests of China to have a revaluation of the currency,” he said.

An undervalued currency introduces economic distortions, which might confer certain advantages but at a cost to other parts of the economy, Strauss-Kahn said. In China’s case, a cheap currency gives it an edge on trade but scrambles price signals, leading to wrong decisions about investment in the long run.

“It is now time for China, having accumulated a lot of advantages from an undervalued currency, to look more forward to investment and long-term stability, and this long-term stability goes with getting rid of this distortion,” he said.

Washington in particular has been vocal in arguing that an undervalued yuan is exacerbating economic imbalances that were a root cause of the global financial crisis.

But He Yafei, China’s vice foreign minister, defended China’s policy of keeping the yuan on a tight rein.

“In the process of tackling the financial crisis, keeping the RMB stable not only was a contribution to fighting the crisis but also helped stabilise global financial markets,” he said.

He was briefing reporters on talks President Hu Jintao held with visiting U.S. President Barack Obama, who referred only fleetingly to the currency issue.

“I was pleased to note the Chinese commitment made in past statements to move toward a more market-oriented exchange rate over time,” Obama said.

Strauss-Kahn expressed concern that political willingness to overhaul the international monetary system will falter if, in a year’s time, the visible signs of the economic crisis have faded.

He said the momentum to cooperate had already eased somewhat, six months after the London summit of the Group of 20 agreed on a need for change to ensure a more stable global financial order.

A former IMF chief, Michel Camdessus, said time was of the essence to embark on reform of the global monetary system.

“This favourable window of opportunity is there. It will not stay open forever,” he told the forum at which Strauss-Kahn spoke.

Camdessus gave broad backing to a recent proposal by Chinese central bank governor Zhou Xiaochuan that an expanded SDR could eventually replace the dollar as the global reserve currency.

“Our Chinese friends mean business,” he said of Zhou’s plan.

As a corollary of a strengthened role for the SDR, governance changes were needed at the Fund to shift power to big emerging economies, Camdessus said.

To that end, the SDR basket must be modified to include the yuan and perhaps the Indian rupee and Brazilian real as well.

“The RMB must be there. Period,” Camdessus said.

http://www.canada.com/business/fp/Baske ... story.html

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Tue Nov 17, 2009 11:27 pm
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Post Re: The Dollar
Hat tip to guanosphere

Get Out Now!

By Tim Hanson
December 17, 2009 | Comments (0)
I've successfully scared the heck out of some of you with predictions of the dollar's looming demise.

Yet I've not said it nearly as forcefully as Swiss banker Dr. Konrad Hummler. Here's what he wrote in his recent Wegelin Investment Commentary:

Quote:
"It's time to take advantage of the recovery of the U.S. dollar to get one's currency diversification in order."


Read between the lines. He's telling you the dollar is going down ... hard.

But don't just take my -- or Dr. Hummler's -- word for it

But we're not the only ones giving such advice. If you've been paying attention, then you know that Warren Buffett came out against the dollar in an August New York Times editorial.

And Hummler, in his commentary, points out two other investing luminaries who have taken high-profile stands against the dollar:

Quote:
* "Bill Gross of Pacific Investment Management Co. (PIMCO), which manages the biggest bond fund in the world, advises investors to sell dollar investments 'before the central banks and sovereign wealth funds do.'"
* "[C]ommodities specialist Jim Rogers ... announces his new favorite currency -- the Chinese yuan."

Now, you can heed these words of warning, or you can stick to your U.S. investing guns. But allow me to suggest that the latter is an irrational position.

After all, there's limited downside to diversifying into great companies that do business outside of the United States. There is, however, significant downside to investing in nothing but dollar-denominated investments.

It'd be crazy to stash your entire life's savings in one company. It's just as crazy to stash your entire life's savings in one currency.

But there's opportunity in the meantime

Despite the dollar's precarious, debt-laden position, the currency is in a pretty good place relative to other world currencies -- thanks to investors having abandoned emerging markets for perceived financial safe havens during the recent financial crisis.

In other words, should you opt to sell some of your dollar-denominated investments (like U.S. stocks) and buy investments that are denominated in Chinese yuan, Brazilian real, South African rand, and so on and so forth (like foreign stocks), you have stronger purchasing power today than you'll likely have in 6 or 12 months.

Basically, this is a temporary opportunity. But there's still time to take advantage.

Have a look at this table:

To make this simple, I've put together a quick chart of popular U.S. investments and some foreign counterparts that would offer similar investment cases with significantly more foreign currency exposure.

If You Own .............................................................................You Should Look At ...

Abercrombie & Fitch (NYSE: ANF) or Urban Outfitters (Nasdaq: URBN).........Fast Retailing

Costco (Nasdaq: COST)................................................................PriceSmart (Nasdaq: PSMT)

Black & Decker (NYSE: BDK)...........................................................Makita (Nasdaq: MKTAY)

These are all solid companies with somewhat similar profiles -- because what makes a good company outside of the United States isn't at all different from what makes a good company inside the United States.

Abercrombie and Japan’s Fast Retailing, for example, both sell well-known brands, have fashion appeal, and are well-run companies. So, again, don't change your approach when you go searching for stocks abroad -- simply change your purview.

At the end of the day, however, the most important point is that the stocks on the right will make sure that your life's savings aren't 100% aligned with the health of the dollar. Konrad Hummler, Warren Buffett, Bill Gross, Jim Rogers, and I all think that's a very smart move.

Sufficiently freaked out?
If you're worried about the dollar, and you want more compelling international investment opportunities, click here to join us at Global Gains with a free 30-day guest membership. You'll enjoy access to all of our premium research and stock picks with no obligation to subscribe.

http://www.fool.com/investing/internati ... t-now.aspx

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Fri Dec 18, 2009 10:55 am
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Post Re: The Dollar
Government can’t print money properly[/b]
By Zachary Roth
Mon Dec 6, 9:36 am ET

As a metaphor for our troubled economic and financial era -- and the government's stumbling response -- this one's hard to beat. You can't stimulate the economy via the money supply, after all, if you can't print the money correctly.

Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them -- more than 10 percent of all existing U.S. cash -- in a vault in Fort Worth, Texas, reports CNBC.

"There is something drastically wrong here," one source told CNBC. "The frustration level is off the charts."

snip

he flawed bills, which cost around $120 million to print, will have to be burned.

Complete article here: http://news.yahoo.com/s/yblog_thelookou ... y-properly

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Mon Dec 06, 2010 6:08 pm
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Post Re: The Dollar
Chinese president visits Obama - says day of the dollar is past.

BEIJING—Chinese President Hu Jintao emphasized the need for cooperation with the U.S. in areas from new energy to space ahead of his visit to Washington this week, but he called the present U.S. dollar-dominated currency system a "product of the past" and highlighted moves to turn the yuan into a global currency.

snip

Mr. Hu also offered a veiled criticism of efforts by the U.S. Federal Reserve to stimulate growth through huge bond purchases to keep down long-term interest rates, a strategy that China has loudly complained about in the past as fueling inflation in emerging economies, including its own. He said that U.S. monetary policy "has a major impact on global liquidity and capital flows and therefore, the liquidity of the U.S. dollar should be kept at a reasonable and stable level."

full article here: http://online.wsj.com/article/SB1000142 ... Collection

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Wed Jan 26, 2011 8:50 am
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Post Re: The Dollar
IMF calls for dollar alternative

NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency.

The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.

snip

While they are not a tangible currency, some economists argue that SDRs could be used as a less volatile alternative to the U.S. dollar.

con. http://money.cnn.com/2011/02/10/markets ... /index.htm

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Mon Feb 14, 2011 12:25 am
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Post Re: The Dollar
Yen Climbs to Record Versus Dollar

more in Markets Main »
BY TOM LAURICELLA AND JONATHAN CHENG

The Japanese yen surged to a record against the U.S. dollar Wednesday as markets were buffeted by worries about the nuclear crisis in Japan.

The moves raised expectations that the Bank of Japan will step in to halt the yen's rise and head off any more damage to an economy crippled by last week's earthquake and tsunami.

Article here

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Wed Mar 16, 2011 3:18 pm
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Post Re: The Dollar
About That Meeting In Nanjing, Where World Leaders Are Discussing How To Abandon The Dollar
Joe Weisenthal | Mar. 31, 2011, 4:27 PM

It's not getting many big headlines, but this week there has been a big meting in Nanjing, China on reforming the international monetary system.

snip

Quote:
all countries but one are trying to figure out how to get rid of the USD as the world's major reserve currency, one country is trying to keep it's currency as the world's major reserve currency but have it depreciate against all the others, and one country wants its currency to become a reserve currency but doesn't want anyone to buy it without permission. The intended outcome is reform of the international monetary system.




Read more: http://www.businessinsider.com/citi-on- ... z1IENy09ZJ

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Thu Mar 31, 2011 6:35 pm
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Post Re: The Dollar
Dollar to Be 'Discarded' by World: China Rating Agency

The man who leads one of China’s top rating agencies says the greenback’s status as the world’s reserve currency is set to wane as the world’s most powerful policy makers convene to examine the implication of S&P’s decision to strip the United States of its triple “A” rating.

snip

Dagong made headlines last week when it became the first rating agency to cut its U.S. credit rating from “A+” to “A” after policymakers in Washington failed to act in a timely manner to lift its debt celing.

However, the announcement failed to register in the markets as investors have yet to decide whether to take the Beijing-based company seriously.

con http://www.cnbc.com/id/44050325

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Sun Aug 07, 2011 11:53 pm
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Post Re: The Dollar
Dollar Index Headed for Rapid Collapse: Chart
Published: Monday, 17 Sep 2012 | 11:51 PM ET
By: Daryl Guppy
CNBC Contributor

Quantitative easing is really another word for currency wars. A weak U.S. currency puts continued pressure on the Japanese Yen, the Chinese Yuan, the South Korean Won, the Australian dollar and other currencies.

Cheap money also fuels speculation and this money quickly drifts into commodity markets and the ETFs that help propel commodity market speculation. This is inflationary for food prices.

The lower the U.S. dollar the greater the intensity of currency wars. The break below the key uptrend line on the Dollar Index chart was an early warning of the third round of quantitative easing (QE3). The most important question now is to use the chart to examine the potential downside limits of a QE3 weakened U.S. dollar.

Image

snip

There is a very low probability the U.S. dollar will resume its uptrend. The move below the value of the uptrend line and a fall below 79 confirm that a new downtrend has developed. The weakness in the U.S. Dollar will hurt export dependent economies and companies.

Lots of detail for those who understand these things here: http://www.cnbc.com/id/49068436

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Tue Sep 18, 2012 11:55 am
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Post Re: The Dollar
Infinite quantitative easing (QE3) now initiated; the final chapter of America's financial blowout has begun\\
http://www.naturalnews.com/037223_quant ... ation.html

The Federal Reserve's decision to announce "infinite" quantitative easing has now put us all on the path of infinite money creation. With up to $85 billion in monthly money creation -- including $40 billion a month in purchases of mortgage-backed securities -- the Fed is now wholly committed to the creation of new fake money to cover old fake debts. Mathematically, this financial death spiral can only end in sheer catastrophe.

(Definition: Quantitative easing (QE) is an unconventional[1][2] monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective. A central bank implements quantitative easing by buying financial assets from commercial banks and other private institutions with newly created money, in order to inject a pre-determined quantity of money into the economy.)

This massive money creation tactic is the Fed's last-ditch plan to desperately try to save the economy. "I think the country should have panicked over what the Fed is saying that we have lost control," said Ron Paul, "and the only thing we have left is massively creating new money out of thin air, which has not worked before, and is not going to work this time." Peter Schiff added, "This is a disastrous monetary policy; it's kamikaze monetary policy." (End Of the American Dream)

snip

Quantitative easing, you see, is essentially the Federal Reserve creating money and then handing it to the richest banks. Meanwhile, all that new money floating around erodes the value of the dollars in the hands of the working taxpayers. So their grocery bills go up. Their fuel costs go up. Their daycare costs increase and their utility bills creep ever skyward.

snip

The Federal Reserve is essentially pushing a global Ponzi scheme where new money is created in order to keep old money from being lost.

The problem with all Ponzi schemes is that their very survival depends on continually expanding the money base upon which they operate. And since mathematics tells us that no currency system can be expanded to infinity, every such Ponzi-like system must, by definition, come crashing down.

snip

The final phase of all this will be radically accelerated, of course, by the dumping of U.S. government debt by other central banks in China, Japan and elsewhere. When they see the writing on the wall, they'll stage a selloff. The selloff will send shockwaves throughout the financial sector, causing investors to flee the dollar and ultimately resulting in the Fed creating even more fiat currency to buy back U.S. debt in a last-ditch effort to prevent a national bankruptcy.

This is the point where you get into Zimbabwe (and other countries) territory... where the government is forced to issue "new dollars" with a trade-in value of 1,000,000 to 1, and where the Fed becomes the last buyer of U.S. debt because nobody else will touch it.

Read more here: http://www.naturalnews.com/037223_quant ... ation.html

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Tue Sep 18, 2012 4:43 pm
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Post Re: The Dollar
QE3: What is quantitative easing? And will it help the economy?
Posted by Brad Plumer on September 13, 2012 at 10:52 am

What is quantitative easing?

Short answer: It’s an unconventional monetary tool used by central banks to stimulate the economy.

Answer that might make sense: Normally, when there’s a recession or the economy is limping along, the Federal Reserve will reduce short-term interest rates in order to spur more lending and spending. But right now, the Fed has cut interest rates as far as they can go and the economy is still struggling. This is known as the “zero bound.” The Fed can’t go any lower.

So, instead, the central bank can try quantitative easing. Since the Federal Reserve can just create dollars out of thin air, it can buy up assets like long-term Treasuries or mortgage-backed securities from commercial banks and other institutions. This pumps money into the U.S. economy and reduces long-term interest rates further. When long-term interest rates go down, investors have more incentive to spend their money now. In theory.

snip

So what will QE3 look like?

There are a whole slew of options for the Fed, many of which Cardiff Garcia lists here. The central bank could try to buy up even more mortgage-backed securities in another round of QE3. It could promise to keep short-term interest rates low for an even longer period of time, until 2015. Both of those would be considered big steps.

Let’s say that Bernanke goes big today. Would QE3 help the economy?

That’s… less clear. In his testimony to Congress in June, Bernanke explained why QE3 might bolster the economy. It would reduce the cost of borrowing money for corporations, bring down mortgage rates even further and potentially boost the stock market, increasing wealth effects for consumers to spur more spending. (He did say, however, that he’d much prefer to have additional help from Congress.)

Not everyone’s convinced, though. In early September, Michael Woodford, a preeminent monetary theorist at Columbia University, released a long paper arguing that more quantitative easing was likely to be ineffective — because Bernanke is acting too sporadically. The Fed will buy up $600 billion worth of assets, hoping for a jolt, but people in the economy have no clear sense of what Bernanke’s goals actually are. Does he want a certain level of inflation? Will he start hiking interest rates if the economy starts growing? If so, when? That level of uncertainty can be paralyzing.

Is there a way to make QE3 work better?

One possibility, as Robin Harding discusses here, is that the Fed could engage in open-ended asset purchases. Instead of saying “we’re going to buy up $600 billion in assets and hope that works,” the Fed could say something like, “we’re going to keep buying up assets, and we’re not going to stop until either inflation hits 3 percent or unemployment sinks below 7 percent.” The idea is that this would shift expectations and bolster confidence about the future course of the economy — much as Bernanke did back in the dark days of 2008 — and economic growth would leap as a result.

UPDATE: QE3 has been announced! So what does this mean?

Well, the Federal Reserve has now released its statement and the central bank actually did two things to try and improve QE3. First, the Fed will keep short-term interest rates low until mid-2015. Second, the central bank will buy up $85 billion worth of assets each month between now and the end of the year. But, unlike QE1 or QE2, this new round of purchases will be more open-ended. That’s an important change. Here’s the key bit from the Fed statement:

If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved

The purchases will continue until morale improves. What’s more, the Fed noted that it will continue its policy of easy money “for a considerable time after the economic recovery strengthens.”

In essence, Ben Bernanke is now taking Michael Woodford’s advice—or at least part of it. (Note that the Fed didn’t set an explicit target for the economy, it left that vague.) The Fed’s not just buying up a fixed quantity of assets and hoping that the economy lurches forward. It’s saying that it will keep buying up assets and won’t stop until things look better. Now we’ll see if that actually shifts expectations and bolsters growth.

Read more here: http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/09/13/qe3-what-is-quantitative-easing-and-will-it-help-the-economy/

Thanks for posting the above articles, Ruts. :clap

Given that I am not the sharpest tack in the box when it comes to high finance, are these true?'

1. Wall Street will make more money;

2. The banks will make more money;

3. The 99% (less than that actually own homes) will somehow spontaneously refinance their mortgages (even though CONgress is currently holding this up) and have more money;

4. American consumers will go on a massive credit card spending spree just in time for the holidays;

5. Big business will make more money.

Sigh!

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Wed Sep 19, 2012 11:15 am
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