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Janet Yellen's "Double-Dissent, Exit Strategy" FOMC Press Conference - Live Feed
Having used the most words ever in an FOMC statement to describe the total shenanigans that they have created, Janet Yellen prepares to 'meet the press' to explain how 'considerably' well things are going and yet how much 'considerably' more is needed to be done... For now the meme is that this statement is more dovish than the previous one...
- *PIMCO'S GROSS SAYS FED MORE DOVISH THAN HAWKISH NOW: CNBC
We suspect she will want to walk that back a little (before Nasdaq hits all-time record highs). And it isn't just the Fed's balance sheet, or total US debt, hitting daily highs, so is the number of words in the Fed's statement:
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Oink oink bitchezz
http://stream1.gifsoup.com/view7/3130121/pig-laughing-o.gif
FED Assets vs. Word CUNT ;-)
Looney
Keep printing, slut.
Economy is making progress.....Yellen.
Ha fuckin HA......see that 4$lb. hamburger, cunt?
Watch gold as she blathers on:
http://www.pmbull.com/gold-price/
See how many times she can jack the price up and down while her banker buddies cash in on the pre-determined moves.
Can't they find someone without a speech impediment?
I like to hear my lies straight up, bitch!
And BTW, 0% inflation is a "stable economy", you hag.
Otherwise explain to me why diminishing my purchasing power annually is of benefit to me, my family, and my neighbor.
It is beyond horrendous that our soceity sits and listens to and takes instruction from an unnaccountable, unauditable, unlicensed monetary body that is privately owned by the big banks, and has NOTHING to do with the Federal Gov't. This is beyond stupid.
1st up, lil stevie lies-man
So glad I can't toon (not tune) into CNBS anymore.
Beware the dwarf.
House passes bill to audit the Fed.
http://thehill.com/blogs/floor-action/house/218047-house-passes-bill-to-...
In the unlikely event that the Senate passes it Choomboy will probably veto the bill. If they actually do get audited it could be the black swan to end all black swans.
The explaination is simple....Because F- You, that's why. It's their money and they will get back every cent ever created and then some.
yep, for the last 100 years and nobody does anything about itl
Well said nope! This bullshit is beyond reprehensible also! I have finally been able to wake up my siblings, however, everyone just shrugs their shoulders and says "nothing you can do about it" WTF? They are all planning on leaving this shithole, not in the cards for me, kids are too young and I have blown thru any fiat I had trying to keep my fn business afloat! END THE FED!
Notice the big gold chain she is wearing????
I am listening to this horse shit...She talks so fucking slow and monitone....They will push gold and silver down through the election or further...just be ready...this shit show could collpase at any moment. I went to the grocery store...Got a few items...$51 bucks and I could carry it all in one hand. I really don't know how some people make it?
all this effort to get a few rate hikes and then presto...in an emergency meeting (public or not) interest rates will re lowered back to zero and qe re-instated. this whole circus so the traders can trade the drivel. the fed PUT remains always.
right? I remember not too long ago I could overfill my cart for less than a hundred bucks, now half a cart costs 200....I can not even get out of the fkn grocery store without spending 200 bucks no matter how small I try to make my fkn order!
We actually say fuck here at fight club.
We have no shame.
Steve LIESman gets first question.....HAHAHA...Hey Steve...I know you are here reading this. FUCK YOU!
boy she has learned how to dance since her first fomc speech. she is as good as bernanke now with the double and triple speak
You are getting sleepy, very sleepy.
,,, and you will wake up a spirited animal who must grab everything you can before rising prices prevent your ever having those things again.
The House on Wednesday passed legislation to audit the Federal Reserve System.
Passed 333-92, the bill would require the comptroller general to conduct an audit of the Federal Reserve's board of governors and banks within one year and submit a report to Congress on the findings. A total of 106 Democrats joined all but one Republican in support of the measure.
http://thehill.com/blogs/floor-action/house/218047-house-passes-bill-to-audit-the-federal-reserve
All ledger, subledgers, supporting worksheets, emails and porn site links were lost in "the cloud"
In other news, the Federal Reserve outsourced its IT to the same company that handles IRS mail servers...
Is it the 1st of April?
Are you the same Racer who used to post on The Daily Reckoning forums back when it was phpBB-powered free for all?
What makes you think they won't lie on this report?
Great that the Fed Rez is being audited but really... Do you think any damaging information will be published?
This is election cycle posturing. People don't like the Fed so I, as a political wannabe, will point to my "desire" to audit and apply congressional control over the Fed
Circuses...
Maybe the Fed will be dead by then.
What makews you think the Senate will even take it up. Hell will freeze over before that happens. The Libtards have to keep the Fed printing to keep the Entitlements flowing. Somebody has to buy the Treasuries.
nothing whatsoever, that's why the 17th amendment makes sure that only fed approved bills will even make it to the floor there.
One step closer to abolishing the Federal Reserve. At this breakneck getting meaningful shit done pace should be approximately 100 yrs.
Yet...
http://img.pandawhale.com/post-29966-ITS-HAPPENING-gif-Ron-Paul-HD-xThK.gif
"... a considerable time..."
Thanks for the heroin, Grandma!! Can I have a cookie?!?
"Shh, the Fed spirits are about to speak." - Bullwinkle the fiat moose.
"We will exit by 'untapering' as soon as OUR measures of inflation (but not REAL measures) turn negative again"
sums it all up for you right there.
Normalize my ass, Janet. we'll see about that next summer, bitch.
Sorry Dapper dan but you think that got any chance of gettin thru the senate? whole system operates on secrecy anybody knows wats really going on it implodes! kinda like getting to heaven and seeing satan would just tear the whole fantasy to shits!
"Having used the most words ever in an FOMC statement to describe the total shenanigans that they have created..."
When you are lying, you use more words.
oink, oink, I smell bacon....
At least the bitth knows you can't raise rates on a house-of-cards economy. Unless you want to set fire to the cards.
Is it that $7.00/8.00/lb bacon you smell frying?
Woody Yellen blathering on, making shit up and generally confusing the fuck out of everyone listening.
Talk about an erection killer.......
You had an erection before Yellen spoke? Should have kept what you were doing and ignored Yellen.
"These are not the droids you're looking for..."
you said all you need to with that avatar
http://nextlol.com/img/36939/
It's for yer own good!
Unemployment going below it's historical norm in 2017?
ROFLMAO!!! What a crock of LIES!!!
We still have 2 more years before 2017 to set the historical norm. A 50% swing should do the trick for the moving average.
2% growth for 2014...stellar
I bet ole Yeller was watching the markets go crazy down and up as she spoke.....that's her new teleprompter!
Print babay print. No way out except to print out of debt.
The US dollar backed by nothing.
Zimbabwe in the making.
"The $356,000 cost per job created, was reduced to $351,500 and we find this encouraging"
savers continue to get sodomized by grandma. strap on!
Damn. I could'nt hit the buy button soon enough for that
"Double-Dissent, Exit Strategy" Yellen dip in Au.Everything is going according to plan.
We'll have an "event" courtesy of the "town criers" Graham, Cheney and the Neocon cheerleading squad called the MSM as yet another palate cleanser for World War III by the end of the year and then the index needle(s) will all head "south"...
Then the pitch that ISIS/ISIL/FSA/Al NUSRA/Al Qaeda/Assad Government/Russian Government/Chinese Government/BRICS... Must be stopped in order to protect us from more attacks!... And now that you've lost everything in the stock market AGAIN... it's time to do your patriotic duty and "fight the good fight" AGAIN...
Remember all these entities hate you for your freedoms in killing them!
Just like before!!!
"We will continue to slather Wall Street with taxpayer money while pretending to give a shit about real people."
What a fucking cunt. I'm cashing out the rest of my retirement and buying some Gold and Silver.
Fuck you FED!
what we need are more illegals, more infected children, more pandering to 4th worlders.
WTF?
https://www.tradingview.com/x/rdkL0C05/
You mean it ain't working no mo?
BoR
Good point!
+100
What amazes me is that you have people actually listening to this blather as if it really matters. Imagine having the 'job' where you have to translate this dribble to a dumbed down audience? Just 30 seconds of this $hit and I want to jump out of a freaking window.
That's easy to translate...
"We are all fucked".
Stronger than anticipated....
Well, that ain't gonna happen.
Who shit in mr yellens mouth?
MUTED
Should be paid at flat rate, none of this paid per progressive word. Need fortune cookie reading short and to the point. Should go to 2nd hand store and get a decent Fortune Teller habit...needs better dim lighting and some mood music, and expansive gestures with her hands.
This time next year it might be a coven and lightning and thunder from the sky on a rocky mountain, or some ephors.
Hollywood should get hired soon to re-edit the script.
Why is she reading responses to liesman's questions?
I'm not watching it, but Lies man, CNBS's "Man from the FED" usually gets a front row seat, same one he has during rehersal I'm sure, and its all planned, scripted and traded on by "them".
JFC! Would someone please give Moe Howard a hanky to wipe up the puddle of drool on his desk.
Federal Funds Rate? Try USD 3-month T-Bill rate.
http://bullandbearmash.com/about/us-prime-rate/
If Fed slows buying T-bills/Notes/Bonds, someone has to fill in. If the "fill-ins" don't show up, rates have to go up to attract buyers - US gubbamint has a payroll to meet.
How come everything she says, when filtered through that odd slur sounds like a very wordy way of saying, "I don't know."
Has anyone run the tape backward ? There might be an embedded message. Or maybe we need a linguist and 'speech' analyst.
I know.... http://www.youtube.com/watch?v=DxeO0LBR6GY
She is the OZ....OMG
It is all just a script... Another act in the charade play...More Fedspeak for we've been screwing you and will continue to do so...
Hilsenrath: "Sorry I let the cat out of the bag yesterday. I tried to back peddle and pretend you all didn't tell me, but wasn't really successful."
She spins faster than a jet engine turbine...
There's likely a lot of exhaust coming out as well if you dare to check.
Listening to Yellen on forecasts reminds me of the students in my entrepreneurship class, telling us their rosy forecasts and sales projections, despite the fact that what they offered as a product was worthless.
Exactly what is the catalyst that is suddenly going to drive the US Economy to grow at twice the rate it is today?
Because I am just not seeing it.
so many words coming out of this womans mouth , yes she says nothing. blabbering. tension in her cadence because her round table meetings are not as easy for her as she'd like.
baffle them with bullshit.....
Yellen: "We will continue to cover our prior thefts by stealing more, then steal even more, and keep telling you that it's all good for you, and all is fine."
An American, not US subject.
"I have a bullshit decoder ring."
yellen should annouce repurchase of bitcoin
anyone notice her style choices? It's telling me she thinks the outlook is bleak (all black clothing)...and to buy gold (nice necklace grandma)
hows that gold/gold shares/barbaric nonsense/ woiken 4 ya?
Well since I don't own gold, sliver or, stocks.. I really don't give a crap. But thanks for asking... Brush the dirt off your knees..
you dont? then you and me are the only zh readers that can claim that . this site is riddled with BAGHOLDING precious
I don't own stock or bonds either.
Bag holding? I know where I wrecked my boat a few times and the cost of everything that went over the side works out to 50%+ LESS than the current price. Acquiring barbaric relics since the techwreck of 2000 has been pretty nice. I don't hold alot of debt notes. I spend the FIATscos on insurance (food,seeds,lead,etc) and paying the man. Don't worry about my bag, man...it's always better to "hold more than you show, Say less than you know"
Say less than you know? How the fuck can that happen , most here know NOTHING! lololololo
In your case, Lincoln's quote is more apropos:
Better to remain silent and be thought a fool than to speak out and remove all doubt.
Someone club her with a 2X4....she is a useless schill for the Fraud Street jag offs!
Judging by the brain damage she's exhibiting, it appears someone already has. They didn't hit her hard enough though.
Blaming Labor Force Participation Rate on demographics!
Those are millions of people you are talking about not data points you Harpie!
Listening to this woman speak I am firmly convinced she has suffered some type of brain trauma.
or, afflicting brain trauma on the audience.
I've seen much worse looking charts...cup and handle formation perhaps?
http://goldprice.org/30-year-gold-price-history.html
I watched for about 5 minutes and couldn't take it anymore. What a putz!
market will finish red today......watch!
What market? Are you nuts? The market lstopped in 2008
I agree surf...the wicked witch was running a smoke screen so her buddies on the street can dump as the market went higher when she spoke....classic fed tactics....
Wait...... wait......wait........wait........just wait
This lady is a fucking idiot !!!
How is it possible for the gold price to plummet on news that the fed is going to continue printing money to buy debt for a "considerable" time? How else to keep interest rates down?
Diminished volatility during the GFC, aka End of the World... stoopid dbl-talking twat
she will not meet the press
she will press the meet
When will Bill Gross' derivatives exposure take a turn for the worse? The largest potential financial shock remains interest rate shocks and that influence on derivatives that depend on rates.
Reading between words and body language, there is plenty of nervous anxiety devoted to this risk, yet the participants and manipulators continue to paper over the issue.
Can anyone explain *briefly* (without many pages of charts and graphs) why today's FOMC pronouncements are bad for gold? I thought keeping interest rates low for the foresseable future was supposed to be *good* for gold. But see how it's plunging.
the value of gold, like the value of housing is relatively constant. what happens to housing when interest rates go higher? the dollar cost of the home goes lower, assuming the value remains constant. the only variable that affects the value of housing or gold is the supply of money in the system, (relative to the inflation prospects, or GDP projections) which despite appearances, the money supply is also relatively constant. the bulk of QE was phantom collateral which never affected the money supply because the money loaned never found its way into useful economic activity.
as the price of any commodity falls and the fed keeps the money supply constant, supplies of that commodity start to disappear. works like this, Fed gives play money to banks, banks do not want to lend the money, so they buy stocks on spec, and gold on spec. when the price of gold falls (or more easy money comes from the fed) this money rushes into to buy available supply. then you have what you always have in a price control economy, shortages. so as gold gets cheap, there is less to buy, and soon none at all.
in the great d they put price controls on food, no one could afford it, so the farmers plowed their crops into the ground. now we have price controls on all sorts of things, energy, housing, gold. and in the end there will be no market for these things, which is when you want to have your house, with solar electric, and a fist full of gold in the basement.
Remember when Randy shoved food up his ass and shit out his mouth?
You know the sex was great when someone needs to tell you how great it was.
This is the same feeling as 2007. Nothing can stop this market... Then all of a sudden gas hit $4.00 near me and the world stopped.
Sit back and watch.. The only way to win is to not play the game.
Gold/Silver owners are no different than stock owners. They just want their time to hold everyone else as a financial hostage for what they are holding.
Here are some of the terms used to describe Yellen from the comments submitted thus far:
Ole Yeller, f*%$ing idiot, useless shill, b*#ch, putz, harpie, dwarf (very disparaging to dwarves), Oz, slut, double-talking twat, and brain trauma victim.
The most endearing term used: grandma.
Conclusion: Major PR attention needed ASAP
2001 S&P Oddyssey today. Animus spirits.
She'll get spider sacs on her underbelly if you don't keep her away from water. Woudn't want 100s of those suckers running around.
I don't speak fed. So help a brutha out.
Are rates going up anytime soon?
Are they done with QE?
Things are going great, just great. Things are going so well, that rates are going to stay at zero for a considerable time.
Yellen, wearing a Bernanke and running around trying to go up everybody's FAFSA; shackle it and throw it in the dungeon.
Congress passes bill to Audit the Fed.
Yellen and the fed claim
an audit will "politicize their work.
Really?
Two points...
~ The fed claims no inflation....
~ The fed says it will stop buying bonds after October..
Hence, the impact of the fed eliminating pumping the economy will occur the immediately after THE ELECTIONS!
The fed pumping adds about 2% to the GDP,
hence, it will assure a recession...
which Obama and the Democrats will blame the GOP.
It's what Obama does best. ELECTIONS!