Fed Will Be Forced to Ease Again Soon: Morgan Stanley

Japan has eased 10 times or so over the last 20 years (two lost decades now) with no effect but our third round of easing is supposed to be the answer for all our problems.

Yeah, right.

QE = theft

Devaluing the currency is the same thing as stealing a portion of every dollar already in circulation.

By the FEDs own admission, another QE would have virtually no effect.

The pain this country would have experienced will pale in comparison to what suffering we will experience as a result of massive increases in our national debt and continuing deficits.
Typically, politicians sweep the sorrow under the rug until it is too late. Well, it is too late.
Wait for the hyperinflation in years to come. It will erode the wealth of the middle class.

I smell something burning.....Rome is that you?

It should read, "FED goes insane". Doing the same thing expecting different results, should we expect QE3, QE4, QE5, QE6……. The problem is debt, adding more debt will not make things better but only add to the problems.

Devaluing your currency will not bring prosperity.

If deficits don't matter and the feds can print all the fake money they want, then, logically speaking, there would be no need to pay taxes.

Employment up, claims down, consumer buying great, dealers selling cars, home sales up, all in the AP in the last week, so why the adjustment? Congress fabrications?

Bring on QE3!!! That way, I can round up my yearly grocery price increases to an even 100%.

It's been a masked depression since 2008. Take away $4 trillion debt to prop up this failed pseudo-capitalistic system, and take away an additional $15 trillion of other federal debt, including state and local government debt from overpaid government employees and you can easily see what this economy is about. State and local government debt is claimed to be $3 trillion but others estimate it to be closer to $5 trillion. Where is this money coming from?

Little do people know that if you just reduce the size of government and pay them what is paid in the private sector, $850 billion would be saved each year. Over 10 years this is $8.5 trillion. We have had over 20 year of this nonsense! Anyone running for president would get elected if they spouted these numbers and claimed they would do something about it.

Shouldn't that read "Fed Will Be Forced to Monetize Again Soon"?

I have to admit, the government has successfully forced people to spend their money before its devalued. I am a saver, but I am in the proccess of converting my cash, into physical assets. I am closing on a home next week even though I know that the price can still fall much much more, and I am pouncing on gold and silver as it goes down. The dollar is getting looted and I every day I leave a dollar in my account, its purchasing power drops.

We are experiencing a brief rally in the dolllar due to the catastrophy in Europe. However, that will not last forever and when all this printing comes home to roost, we are all in big trouble. Good luck to everyone in the times ahead.

Another mistake waiting to happen. All QEs are failures. Doing the wrong thing over and over and expecting a different outcome, why didnt i think of that?

Geez....our Fed Reserve Chairman has already embraced the role of glorified drug dealer:
"Psst....psst....I got some QE right here man, what ya need?? This is GOOOD stuff man!"

Oh really? The other stock pumping stories say the economic data is good.

You cannot have it both ways!

These are all stock pumping stories!

I know this. Every trillion dollars in debt that this country is in MEANS each individual (baby, teenager, adult, senior citizen) owes about $3,000.00 per trillion in debt. Currently, 14 trillion in debt as a nation = $42,000.00 owed by each and every person alive in this country.

In the long run, central banks inflate the money supply. The power to create money out of thin air is too tempting to resist.

Translation: The easing will be required because the Euro will decline and make US exports too expensive. The government also welcomes the chance to print more money because it is now addicted to debt far beyond the level of a heroin addict. The major banks which are the stockholders of the Federal Reserve, want money to be printed too so that eventually the housing market can inflate once again, thus, solving their insolvency problem.

Yeah and why don't you take a look at the facts. Eighteen months ago when oil was $70 a barrel the economy was doing much better, now since the Feds QE2, QE3, the economy and job market is much worse despite what all these propoganda stories try to sell to people.

QE = Implicit Tax Increase through dollar devaluation. No vote. No congressional oversight. Just a private company (the Federal Reserve) deciding to print more Federal Reserve notes (those things you people carry around in your wallets). Nice!