dex
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Oct 28, 2003
- Messages
- 5,105
To me the article points out a couple of things
- the FED is seeing something we - the average person - do not see or have not been aware/focusing on
- The FED is loosing it if they think they can do something or can tell people high inflation is coming so buy now. It would signal to people that something is very wrong and now is a time to be conservative. Also, what would people buy? They would have to be an aspect of speculation to make it work and people are too fearful to do that.
Bernanke Sees Case for `Further Action' With Too-Low Inflation - Bloomberg
"Fed officials, concerned that expectations of lower inflation will become self-fulfilling, are debating whether to encourage Americans to believe that prices will start rising at a faster pace so that they would spend more of their money now, the minutes from last month’s meeting showed. That would reduce inflation-adjusted interest rates and stimulate the economy. "
- the FED is seeing something we - the average person - do not see or have not been aware/focusing on
- The FED is loosing it if they think they can do something or can tell people high inflation is coming so buy now. It would signal to people that something is very wrong and now is a time to be conservative. Also, what would people buy? They would have to be an aspect of speculation to make it work and people are too fearful to do that.
Bernanke Sees Case for `Further Action' With Too-Low Inflation - Bloomberg
"Fed officials, concerned that expectations of lower inflation will become self-fulfilling, are debating whether to encourage Americans to believe that prices will start rising at a faster pace so that they would spend more of their money now, the minutes from last month’s meeting showed. That would reduce inflation-adjusted interest rates and stimulate the economy. "