http://www.theatlantic.com/business/arc ... ve/256601/
They will push the pedal down to seek Inflation no matter what the consequences. This Consumer will absolutely not buy anything new, for any reason, at any time, any more. Why not others? They cannot afford it, and now it will be even more out of reach for even more decimated as we go. Consumers seen the net cost basis of vehicles move 3k in one year alone. Water, wheat and weather basis is factors also so we get it. The cool aid lunatics could care less. This is the same as trickle down economic rhetoric garbage with the intrinsic value of Fiat. Nobody is fooled. The actual issue is the amount who believe less Utility is to support unfunded spending of Statist that seek more Aggregate spending to support them that either reds or blues can buy goods or services that only see a maginal cost reality increase. Back to the basic's of solvency issues that equate that debt is wealth and the wealth effect will move the economy forward. Who is going to eat the inputs costs, the tapped out Consumers? The shorted list just grew.
What they convey is this that one of the main concerns that firms have is there's not enough demand. There are not enough people coming and demanding their products. And if people feel that their financial situation is better because their 401(k) looks better or for whatever reason their house is worth more they're more willing to go out and spend, and that's going to provide the demand that firms need in order to be willing to hire and to invest.
Observation already known forwarded from many:
This is an planned economic assault on the middle class, open economic warfare has been declared. By the end of 2013, the Fed's historical flow operations will be accountable for 24% of US GDP. The first casualties are the savers, ZIRP to infinity. The second casualties are the lower classes and those on fixed incomes, due to inflation in the things we need. Notice oil futures way up. The third casualty is the middle class who will see increased wage pressure and job losses due to their employer absorbing increased input costs. Another casualty will be the remnants of the housing market; everyone will wait on the sidelines to see how low rates will go. Bernanke has given up. Be caught standing near your lifeboat if you know what's good for you. We do not need to end the FED since they will eliminate you and are.
From the FED: This cult of risky behavior was not limited to financial institutions. U.S. households enthusiastically leveraged themselves to the hilt.
This is untrue point blank. They have nothing to offer but Cargo Cult platitudes and the Public who do know they are full of it, and have been the demise of the Republic. It will not matter to spending now in conveyance to the above scripted response from the FED, main street has to dig in and will not change its realism to demographic reality surrounded by Psychopaths top to bottom. They understand clearly all
levels now are infected and it is just the amount that are living in omission is the actual fact of the matter from the rate of core rot collapse. Leftist intellectuals insist all that is needed is a transfer of wealth to the underclass, because, after all, money can buy anything. Dept is Freedom you dullards so listen that Wall Street has first call on the money and they have your back since bonus season is assured that will be confirmed later as before.
Mises conveyed, regardless of the higher costs that thereby arise, production must be guided into the channels designated as most suitable by the economic general staff. If the standard of living of the population thereby suffers, well, in view of the high objective to be attained, that does not count at all. Not the standard of living is the greatest happiness of people, but fulfillment of duty. Whoever on ethical grounds wants to maintain war permanently for its own sake as a feature of relations among peoples must clearly realize that this can happen only at the cost of the general welfare.
http://www.youtube.com/watch?feature=pl ... t=1h16m45s