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cthulu2016

(10,960 posts)

6. This is REMARKABLE (and very good) news

Reply to brooklynite (Original post)

Wed Dec 12, 2012, 02:21 PM

Dec 2012

An overt unemployment peg is a very big deal from the Fed. They are following through on earlier pronouncements that QE3 would continue until the labor market improved and announcing a target, which is a very important thing for the efficacy of the policy set.

Explicit Fed policy drives economic activity much more than implied policy, for obvious reasons. (It is a more reliable basis for actions.)

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Federal Reserve to spend $45B a month to buy bonds, links rate hike to 6.5 pct. unemployment [View all] brooklynite Dec 2012 OP

Yay big banks! Roy Rolling Dec 2012 #1

I think that is the real reason for what they are doing. RC Dec 2012 #2

This is quite ignorant ^^^ cthulu2016 Dec 2012 #4

Has it been awhile since you read the terms of service? dixiegrrrrl Dec 2012 #8

Is there a preferred synonym for ignorant? cthulu2016 Dec 2012 #10

The next bubble ... Wernothelpless Dec 2012 #3

Thanks for spreading RW nonsense cthulu2016 Dec 2012 #5

Not because RW say it doesn't make it wrong Dokkie Dec 2012 #7

Absolutely. dixiegrrrrl Dec 2012 #9

I hope you wake up and see that your homespun economic 'common sense' is nonsensical cthulu2016 Dec 2012 #11

In a way yes Dokkie Dec 2012 #13

Absurd Morganfleeman Dec 2012 #14

Yes, that is what I am reading also. dixiegrrrrl Dec 2012 #16

This is REMARKABLE (and very good) news cthulu2016 Dec 2012 #6

Not Really Morganfleeman Dec 2012 #12

There are a number of negative consequences of the Bush/Obama weak $ policy MrTriumph Dec 2012 #15

Latest Discussions»Latest Breaking News»Federal Reserve to spend ...»Reply #6