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RE: My St. Patrick's Day STEEM Forecast...$10...Oops.

in #zappl8 years ago

Quantitative easing is really all they have. What’s next, helicopter money?

Exactly, And even with all that easing, they havent gotten inflation. We should have seen 3%-5% with the money they threw around.

A slight pullback in the economy and they are going to have to drop the rates rapidly again.

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Part of the problem is that they believe their own bogus numbers. The official CPI is almost certainly grossly understated and http://www.shadowstats.com/alternate_data/inflation-charts is probably closer to the truth.

That is true..most of the government's numbers are total farces....

Like the unemployment number...other than charting trends, really doesnt tell much of a story.