Fed hopes QE2 will raise stocks enough to cause a "wealth effect" or "irrational exuberance" as Greenspan called it. The idea is that rising stocks will give Americans the illusion that their 401Ks are doing better therefore they are becoming richer and able to consume more. The increased consumption caused by the wealth effect is supposed to boost the US economy.
That Whup whup sound you hear... it's Ben's helicopter.NOVEMBER 20 BOYCOTT CHINA MADE GOODS !
BUY ONLY WHATS MADE IN YOUR COUNTRY IF YOU CANT FIND ANYTHING MADE IN YOUR COUNTRY WHAT DOES THIS SAY ABOUT WHAT CHINA IS DOING TO YOUR COUNTRY !
DONT BUY ANYTHING MADE IN CHINA
NOV 20 !!!!!..
PASTE AND POST !!!..The real reason behind World War II? World's economy was very bad: unemployment, depression, Let's see, in June I could buy a Euro for $1.17 and yesterday the Euro cost $1.39 and this means the dollar gained ground from last month? Why not tell the truth? The dollar is tanking, the Yen is tanking and all the fiat currencies are tanking for one reason. They are not backed by diddly squat. The private bank, the Federal Reserve, printed another $6 billion and is flooding the market with this paper debt and no one wants to pay for paper anymore. Gold hit record highs yesterday for a good reason.
PEACENOTWAR MAKEFRIENDNOTENEMY FEAR ALLAH NOT MAN.ISLAM MEANS PEACE.ISLAM FOR ALL. MUSLIMS ARE NOT TERRORIST AND TERRORIST ARE NOT MUSLIM.PLEASE BE INFORMED THAT ALL PICTURES AND TEXT IN THIS BLOG ARE TAKEN FROM THE WEB UNDER FAIR USE TREATY AND FOR MY PERSONAL COLLECTION.IF THEIR OWNERS DO NOT LIKE THEIR PICTURES OR ARTICLES APPEAR IN THIS BLOG,PLEASE CONTACT ME TO DELETE..THANKS.
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