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Charting The Fed's Across The Board Fail
The common meme goes something like... "if it wasn't for the Fed, we'd be..." [insert any and all apocalyptic counterfactual scenario]" However, on closer inspection of the "facts" - those things bloggers are so prone to hide behind - it would appear that the Fed has been a failure across the board...
Growth... #FAIL!
Uncertainty (Stabiliteeee)... #FAIL!
Inflation... #FAIL!!!
In sum, the Federal Reserve has failed on both parts of its dual mandate: growth necessary to maximize employment has not been achieved, and prices have clearly been anything but stable.
But to be fair, the Fed was originally created, not with the dual mandate of today, but rather to prevent
banking panics such as the brutal ‘Panic of 1907’.
#FAIL!! again - Just a little deeper, faster, more volatile, and a tad more panic-ier.
Source: @Not_Jim_Cramer
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Fuck the Bernak!
They planned it this way, so to buy up everything with printed money that they can only do. Bad assets.. buy it, it didn't cost anything. Stocks... so what buy it gives us more ownership. T Bills, so we now "officially own" the government, the parks the resources. The politicians, we had for many moons.
WE gave you something in the ponzi and we have full control of it and we want your piddly share back. PAY UP< USELESS EATER!!!
Yes, fully intentional and operating exactly as designed. What is simply amazing is that 1) most people have no idea what they are up to, and 2) as a result of 1, they have gotten away with it for 100 years.
1. I say they got away with it for 95 years and then it collapsed. 2. Most people don't know how to stop/punish them YET as its only been 5 years they have been exposed.
As if we really know who these assholes really are. Then they make you a conspiracy theorist, like thinking windmills are really dragons.
End the Fed. End the Fed. do not support any person, group or institution that does not have a central goal and mandate to end the fed.
(800) 318-2596 Bernanke!
disciple
http://finance.yahoo.com/blogs/daily-ticker/al-gore-carbon-bubble-going-...
Can you call al gore and tell him in whatever words that suit the situation and tell him to FUCK OFF!!
OOOOOHHHH Al Gore logic.
Oil companies aren't going to be able to make a profit because if we burn oil, we'll destroy the planet, and if we destroy the planet we won't be able to burn oil to make profit for the oil companies. So no matter what oil is a bad investment.
IN OTHER NEWS!!!!
First Solar is building a 250MW power plant in California on 2,300 acres. WOW. The news outlets are proclaiming that fossil fuel and nuclear generated power is over.
Because 250MW makes such a huge dent in the 1100 GIGAWATTS OF ELECTRIC CAPACITY OF THE USA.
Let's price stocks making .1% of our power up 250% in a year. Why not.
You think they care. The stock indexes keep hitting records, stocks like Chipotle miss earnings, but beat on revenue and explode double digits.
Revenue is the most pointless metric for business in the world. The bottom line is all that matters, and the bottom line measurements are awful.
Company A beats earnings by $.12 with the exclusion of special items, that really show the company is close to bankrupt, BUT BEAT ON REVENUE. BUY BUY BUY!!!!
If my company sold $1 trillion worth of merchandise, it wouldn't matter if it cost us $1.2 trillion to sell it. Why doesn't anyone in Wall Street understand this unarguable fact?
Most people can't do math anymore and are so distra....oh new Facebook post.....
LIke Tina Turner "what's love got to do with it".
Bernasshole dances around in his girlie underwear singing "what does math have to do with it"
He thinks shoving a calculator up his ass is fun.
Re: Why doesn't anyone in Wall Street understand this unarguable fact?
For the same reason that people think Wall Street was EVER about measuring value of stocks.
Wall Street is - and always was - a casino where price is determined by what pathologically-optimistic (mostly male) con-artists think some other sucker will pay in the future.
The price of something is always valid. Some other pathologically-optimistic (probably male) con-artists bought it at that price, so that's a good price.
Accounting doesn't matter unless you are going to buy all the stock of an entire company.
Yep, pretty much explains it all.
The issue I have is that they try to pass it off as real business and something other than a con game and search of a greater fool.
There are people that want to run a real business and actually produce items of value, but can't because the Wall Street casino bought out the entire lot.
"If my company sold $1 trillion worth of merchandise, it wouldn't matter if it cost us $1.2 trillion to sell it. Why doesn't anyone in Wall Street understand this unarguable fact?"
They do understand. "This stock could be the next Exxon. It It is in the multi billion dollar oil and gas industry, where profits are huge. This one could make you rich. Recomendatin: buy early and often. Current price .17. Huge potential to go to $20 and be bought out by major oil company."
The unarguable fact is that Wall Street is trying to sell something.
Back in 2001, i was told by UBS that Tyco was an 80 dollar stock, a mini GE. The stock was around 50 at the time. It went to 8. UBS had a strong buy on Enron all the way down to 4 days before it filed for bankruptcy.
With seemingly never ending QE, the money is going everywhere. I have noticed that a number of low priced stocks have reverse split. One was brought to my attention today. It was around .45 and split 1 for 7, several days ago. After the split it began moving up. Prior to the reverse split it was moving down.
Wall Street doesn't care whether the company makes any profit. Wall Street cares whether the company makes them a profit.
its funny how nobody is talking about the M2 chart via stloius fed, its insane. 85 billion per month for "liquidity", but this is the most illiquid period in chartable history!
the day the fed bought America
another 100 years on its way...it'll all be ok
I donno, the top 20% are doing pretty good, and the top 1%. Wow.
Seems like "Mission Accomplished" if you just count the people that actually matter.
To everybody else: GET A JOB YOU LOSERS, AND GET A GODDAMN HAIRCUT. Love it or leave it HIPPY!!!!
The people that don't have jobs are happy.
It really isn't the top 20%, more the top 12%. The bottom 8% of the top 20% are getting killed with taxes and inflation.
The bottom 50% are happy as long as thier EBT card works.
38% of the country is hurting pretty bad. But, since when did anyone care about a minority.
Has anyone mentioned that the "fed" (misnomer) is a private company owned by the banks. We just don't know
which banks. Supervised by a board owned by the banks. What else is new?
Beating the fuck out of expectations all the way into the ground!
yeah! why doesn't the Fed itself announce the hiring of a million people?!!! "the Bank of Bulltard is OPEN FOR BUSINESS!" I guarantee that would get BOTH the problem of unemployment AND the problem of "a lack of inflation" in one fell swoop! (Who was that General in charge of the Death Star again? the "you see Lord Vader...she can be cooperative after all" guy. Then he blows up her entire home world and blabbers on about "killing the rebellion in one swift stoke!" as Vader is seen nodding his head in approval. (In the meantime Spaceship Zero Hedge drops out of warped speed and realizes "that's not a moon....that's a....
Someone needs to start an Insanity Index. Every $100 billion spent could be overlayed with something like a consumer staple cost chart. (or energy/input cost chart)
The FED is successful at its true purpose, of enriching the Rothchildes and owners of the banking system that own the political system that owns everyone using US fiat.
regarding the rothchilies...why don't industrious individuals YouTube their pictures and residences and license numbers, why do they get to remain hidden? do they control YouTube also?
Didn't you guys hear the Dear Leader's harangue against blogs? If you keep bringing shit like this up, you're gonna be in some serious (NSA) trouble!
Y'think!
Clearly, without the Fed the last 5 years, I would have been forced to cook and eat my neighbors.
Deflation here we come.
It all makes perfect sense if your ultimate goal is the destruction of America.
#dupe
Where da dough go? Where it's sposed to...from future toil/taxes to current crooks.
Them there charts 'en graphs is silly nonsense. Let's see one on how much money, wealth and property has been stolen. I'm sure it would show a tidy profit, and a perfectly satisfactory ROI.
End the Fed by taking away all the money from the banksters and sending them to Russia.
Then they'll be able to connect with their relatives and families they left behind.
Whoa! The Fed has not been a failure. They must be kicking themselves why they didn't start doing this in 1919 (or did they in a slow pattern).
Graph Bankster pay and bonus.
Graph JPM BOA C GS during this period
Graph construction on Long Island vs rest of country.
Graph " around Washington D.C. vs. rest of country.
Graph Sales of automobiles with a list of over $50,000.
Graph increase in Government employees paychecks.
Graph increase in Government employees.
I think, the only reason the FED is still there is because people, even after excruciating losses, are still able to buy food, and cable TV.
http://www.truth-out.org/news/item/2152:why-banks-arent-lending-the-sile...
http://www.businessinsider.com/richard-koo-qe-is-undermining-us-economic...
http://www.econmatters.com/2011/03/qe2-unmitigated-disaster.html
Nations famous for gold wealth and
nations with public banks have
both come to fail/failed financially,
http://pages.citebite.com/n1t1x3k2nouw
and bitcoin's
a currency exchanged for currencies.
But, bitcoin IS a treatment of risk
equalizer. Being unitized, it's a
convenient one. That would be
useful in health care.
The point is whether a banking sector's
centric to the public purpose or
a monopolistic or privatization oriented
one.
A central bank/overseer should be monitoring
net equities at risk.
A central bank/overseer should not
be a privatizer of profits/socializer of costs.
As the Federal Reserve is unlikely to
be interested in these reforms, perhaps
an American Reserve Bank makes sense.
That government debt is per se a bad thing
is to me a naive thing to say.
The point there is it should be used to
invest in humans in a way that fosters
higher real wages and a stronger currency,
reflecting a people's worth, rather than
those things entrenching monopolistic or
priviatization oriented purposes.