Ask an expert: What do Fed's moves mean?
MSN Money's Anthony Mirhaydari answers Facebook users' questions about the central bank's recent policy decisions.
As he answers questions from MSN Money's Facebook community, Mirhaydari also talks about the political ramifications of the Fed's moves, as well as potential investments.
Q1 and Q2 have been failures, so the Fed answer is to throw more money at problems which will create new bubbles for future collapse. We will pay more for oil, food and many more imported goods. Inflation is unavoidable. The Fed needs to stay out of economy and pumping up Wall Street and start to preserve the value of dollar and stop the inflation which is already occurring. They would admit to this inflation if they didn't distort CPI!!
it is apparent that this move is to save the pres re-election. the money we do not have will be thrown out again. knowing it has no bearing to save the economy. it is band aid to keep the pres re-election looks a little better with all the money that will again be wasted. the money we do not have.
it is the very reason that a change in the white house is more important then ever.
This is political manipulation at its finest. The fed juices up consumer spending with money we don't have, making it look like values are improving for creating more jobs. This will not stimulate the economy anything for longer term, but the debt will be here long after the election. Romney understands more about capital and business, and how to turn it around...simple as that. More of the same direction will provide more of the same results
....R U ready for that?
How does this affect the average Amercian? I sure did not see: higher gas prices, higher food prices and just about everything else...which translates into less money to spend!!
What are these guys smoking?? Pass the kool-aid please..
QE3 to infinity and beyond (in my best buzz light-year voice)
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The solid report comes a month after the retailer closed all of its Canadian operations.
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