Bullard Says "Never Say Never" To QE3

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 02/24/2011 - 11:27 | 992942 Ragnarok
Ragnarok's picture

Release the trial balloons!

Thu, 02/24/2011 - 11:31 | 992979 unwashedmass
unwashedmass's picture

 

gotta move the market up...too bad everyone is watching the plane loaded with gold on the runway in libya....

they are starting to fuck up on the timing of their propaganda....

Thu, 02/24/2011 - 11:35 | 993005 Turd Ferguson
Turd Ferguson's picture

NO!! QE to infinity?!?! Whodathunkit??

Thu, 02/24/2011 - 11:53 | 993113 Thomas
Thomas's picture

We're gonna end up with QE Snow Leopard.

Thu, 02/24/2011 - 13:57 | 993807 Burnbright
Burnbright's picture

haha that's awsome! God I hate apple.

Thu, 02/24/2011 - 12:10 | 993227 Fazzie
Fazzie's picture

 Cmon now according to Gadaffi, he will die in a blaze of glory, fighting side by side with his loyal subjects against the scourge of terrorists and become a martyr for his people.

 Ol Hosni was going to die on Egyptian soil too.

 What, you think they will just load the plane with gold, whores and drugs and head for the nearest despot refuge, leaving their loyalists to their fates?

 Nope, I really beleive Gadaffi because he was waving his arms around and stuff when he said it, so I look for him to grab an AK and go down fighting!

 I didnt really think they would start droping hints about QE3 until QE2 was a bit further along. QE3 might be about priced in so they need to start droping hints of QE3.5 and QE4. Joe retail hopped back into the market, just in time to get fleeced!

Thu, 02/24/2011 - 16:01 | 994127 the rookie cynic
the rookie cynic's picture

When they announced QE2, they only set a minimum, not a maximum. It could go upward and onward in perpetuity. Ben left the door wide open for more. Of course this is just a semantic, if somewhat trite detail; it doesn't really matter what they call it, it's money printing all the same, but those waiting for a QE3 announcement might want to go back and look at what Fed said about QE2.

Fri, 02/25/2011 - 06:58 | 996378 Blank Reg
Blank Reg's picture

I make a prediction. There will be NO QE3. I guarantee this with 100% accuracy.
It will be called something else.
Extended QEII
Here are a few guesses on what it might be called. Feel free to add your own ideas:

1.   QE2+
2.   QE2.1
3.   Stimulus for Jobs
4.   Stimulus for Puppies
5.   DEFINATELY not another stimulus. No, really!
6.   Print the debt away.
7.   Debt-be-gone
8.   DebtX
9.  "Happy days are here again"
10. We are NOT printing money. Pinky swear. We... we caught a leprechaun, yea. We caught a leprechaun, and he gave us a pot of gold. (They’ll buy that. They swallowed all the other garbage. What? The mikes still on!   Crap!)
11. Stimulus part trois

Thu, 02/24/2011 - 11:36 | 993008 Stuart
Stuart's picture

+100.  Exactly!

Thu, 02/24/2011 - 11:46 | 993073 SteveNYC
SteveNYC's picture

Ha! You had to read the article about Bullard being a "bellweather" "inflation fighter" ra ra ra at the Fed this morning (see the FrontRunning section on ZH).

This guy is a career econo-clown/central bank-tard, just like Bernanke.

Their names will one day be etched in stone.

Thu, 02/24/2011 - 12:02 | 993172 Freebird
Freebird's picture

Bring on the clowns.

Thu, 02/24/2011 - 12:11 | 993240 Fazzie
Fazzie's picture

 There is absolutely no shortage of clowns at present.

Thu, 02/24/2011 - 11:28 | 992945 101 years and c...
101 years and counting's picture

"BULLARD SAYS 'NEVER SAY NEVER' REGARDING POSSIBILITY OF QE3
"

roughly translated:  if $4 gas doesn't boost the economy, maybe $6 gas will.

 

Thu, 02/24/2011 - 12:01 | 993166 Carl Spackler
Carl Spackler's picture

Right, all QE does is boost the economies of Saudi Arabia and Abu Dhabi and further entrench Vladimir Putin.

 

 

 

 

 

Thu, 02/24/2011 - 11:28 | 992947 treemagnet
treemagnet's picture

Just what the masses need/want to hear as nearly all the elites are quietly and safely in their lifeboats.

Thu, 02/24/2011 - 11:34 | 993004 Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Well folks we have not even felt the full effects of QE1 yet, as that sort of effect is like the comet in that movie Deep Impact. (We are HERE-----the folks standing on the shore with the wave tarting to come in). That's what he means--inflation will accelerate. So yup, we got a long way to go and a lot of it will be up. Atleast in the short term.

Thu, 02/24/2011 - 11:27 | 992948 buzzsaw99
buzzsaw99's picture

BullTard

Thu, 02/24/2011 - 11:50 | 993093 DonnieD
DonnieD's picture

Never go full Bulltard.

Thu, 02/24/2011 - 11:27 | 992950 Johnny Lawrence
Johnny Lawrence's picture

What a piece of shit.

Thu, 02/24/2011 - 11:28 | 992954 LongSoupLine
LongSoupLine's picture

Bullard says, I'm a fuktard

Thu, 02/24/2011 - 11:29 | 992955 Alcoholic Nativ...
Alcoholic Native American's picture

I wasn't aware the first QE stopped. Stop the bullshit.

Thu, 02/24/2011 - 12:04 | 993188 Bicycle Repairman
Bicycle Repairman's picture

+1

Thu, 02/24/2011 - 11:29 | 992960 Shameful
Shameful's picture

When your only tool is a hammer all your problems start looking like thumbs.

Thu, 02/24/2011 - 11:50 | 993089 WaterWings
WaterWings's picture

Particularly the comment section over there at ZH.

Thu, 02/24/2011 - 11:50 | 993094 Rogerwilco
Rogerwilco's picture

+10 swollen digits

(Bernanke already stepped on his dick)

Thu, 02/24/2011 - 11:30 | 992971 taraxias
taraxias's picture

Jawboning to move the S&P green.

Thu, 02/24/2011 - 11:32 | 992978 Scottj88
Scottj88's picture

Maybe the release of QEIII will awaken a lot of the sleeping masses as their prices start to rise...

Hedge yourself in miners (specifically silver miners)

http://thehardrightedge/miningequities/

Buy physical silver...

Thu, 02/24/2011 - 11:33 | 992989 snowball777
snowball777's picture

Fuck paper.

Thu, 02/24/2011 - 11:34 | 992996 taraxias
taraxias's picture

++++

Thu, 02/24/2011 - 11:32 | 992980 oh_bama
oh_bama's picture

DID I TELL YOU GUYS THIS?????

 

QEs are EXTREMELY Successful!

More QEs comming!

Thu, 02/24/2011 - 11:32 | 992983 oh_bama
oh_bama's picture

SO BTFD!!!

Fri, 02/25/2011 - 07:07 | 996385 Blank Reg
Blank Reg's picture
Don’t expect to get any cost of living adjustments to your SSA check. I haven’t got any for 2 years because There is no inflation, didn’t you know? But both years they take more out for medicare, because of inflation in the cost of health care. So,,, there must not be deflation in the cost of food, right? Or gasoline. Or water and sewer. Or heating oil. Or real estate taxes. Or clothing. Or air travel. Maybe iPods? – BINGO! After hedonistic adjustments because of improvements there is DEFLATION in iPods! That explains it. That offsets all those pesky increases.   Now, do you know a delicious recipe for preparing iPods? And how does one heat your house with them?
Thu, 02/24/2011 - 11:32 | 992985 snowball777
snowball777's picture

BULLARD SAYS 'THIS IS GONNA HURT. YOU'RE NOT GOING TO LIKE IT.'

Thu, 02/24/2011 - 11:33 | 992988 Dr. Porkchop
Dr. Porkchop's picture

Mubarak, Gaddafi, Bernanke, all dictators do the same thing, they attempt to hold a fist full of sand, once it starts to escape, the harder you squeeze, the faster it gets away from you. Even a child at the beach knows this lesson.

Thu, 02/24/2011 - 12:40 | 993425 Greater Fool
Greater Fool's picture

You really should credit Princess Leia when you write things like this.

Thu, 02/24/2011 - 11:34 | 992994 Sutton
Sutton's picture

I still don't know how we can get away with the QE bullshit, at all, without being kicked into the Turd World.

I could see buying bonds if we had a surplus, but when running a 1.5(at least)TRILLION dollar deficit, annually, how long do these clowns think it can go on?

I guess Bullard didn't notice that the Dollar has declined with the greatest turmoil we've seen in years.

The trap door is going to open on the DOLLAR any day.  Then what, Bull(shit)ard?

Thu, 02/24/2011 - 11:40 | 993042 Ragnarok
Ragnarok's picture

I still don't know how we can get away with the QE bullshit, at all, without being kicked into the Turd World.

 

The USD currency empire set up at the end of WWII takes a while to crumble, but don't worry we'll get there.

Thu, 02/24/2011 - 11:35 | 993001 Stuart
Stuart's picture

Does anyone really think they're going to shut off the spigot, really?   employment levels, true unemployment, north of 16%, their admitted stated purpose to increase asset values as Fed mandate, pension funds tied to the stock market.... anyone who thinks they're going to shut off the spigot is not paying attention.    They want a devaluation stockmarket.   For christ sakes they barely got agreement to cut a few 10s of billions out of a near multi trillion dollar budget.    Yes, it should be inflate and die later or die now but "Inflate or die" has never been more true.   Until it starts to hit their own constituency, wall street and the TBTF banks, full steam ahead and screw the rest of the public, everywhere.   

Thu, 02/24/2011 - 11:38 | 993034 topcallingtroll
topcallingtroll's picture

I think they have to stop for a while.

Thu, 02/24/2011 - 11:37 | 993013 topcallingtroll
topcallingtroll's picture

I am confused.
I guess this must be sarcasm because he is saying what everybody here believes is going to happen right?

It is still possible to have deflation at the end of qe2 if we havent got money velocity up. However i believe the chinese are sufficiently motivated to spend those dollars now, or FRN'S for the picky.

Thu, 02/24/2011 - 11:38 | 993028 SheepDog-One
SheepDog-One's picture

What? Gold = $1,550 in 4 weeks bitchez.

Thu, 02/24/2011 - 11:36 | 993014 trillion_dollar...
trillion_dollar_deficit's picture

QE4EVA

Thu, 02/24/2011 - 11:36 | 993015 SheepDog-One
SheepDog-One's picture

WOW what a great success! Hey lets do more QE its so successful! 'Rates can only go up from here' well yea when 'here' is 0%, guess they can only go up. Gee, wish I had a PHD like these guys.

Thu, 02/24/2011 - 11:36 | 993016 buzzsaw99
buzzsaw99's picture

Because Jamie Dimon isn't rich enough yet bitchez!

Thu, 02/24/2011 - 11:37 | 993017 Youri Carma
Youri Carma's picture

"INFLATION EXPECTATIONS ARE HIGHER"?

What about "INFLATION=HIGHER!?"

Thu, 02/24/2011 - 11:37 | 993025 Dead-eye Odom
Dead-eye Odom's picture

If I ever buy a sailboat, I am going to name it "The Market". That way I could rig it and try to sail it through bad storms.

-It is not the debt I owed him.

Thu, 02/24/2011 - 11:37 | 993031 Cursive
Cursive's picture

BULLARD: IGNORE HOENIG

BULLARD: WE WILL SUCK THE MIDDLE CLASS DRY

BULLARD: ALL YOUR BASE BELONG TO US

Thu, 02/24/2011 - 11:52 | 993096 Dead-eye Odom
Dead-eye Odom's picture

"All Your Base Are Belong To Us"

http://www.bbc.co.uk/dna/h2g2/A19147205

I don't like to do it. Sorry, but it is kind of a nerdy technical thing.

Thu, 02/24/2011 - 11:59 | 993144 WaterWings
WaterWings's picture

BULLARD: ALL YOUR HOTELS ARE BELONG TO US

The newer (September 2008) editions have a total of $20,580, with 30 of each bill denomination. In addition, the colors of some of the bills have been changed; $10s are now blue instead of yellow, $20s are a brighter color green than before, and $50s are now purple instead of blue.

 

http://en.wikipedia.org/wiki/Monopoly_(game)

We're playing the Special Benocide Edition.

Thu, 02/24/2011 - 12:01 | 993169 DB Cooper
DB Cooper's picture

Bullard:  We will stop QE'ing when the FED owns all property.

Do NOT follow this link or you will be banned from the site!