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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: FCom777 who wrote (43052)1/3/2013 11:20:54 AM
From: Kirk ©1 Recommendation   of 96973
 
Interesting discussion. I don't think it is that complicated. The Fed is saving itself (member banks) by printing money to create inflation so the MBS it buys to save the member banks become valued at par again. That means they need inflation to pump up the housing sector even if it means stealing wealth from savers via inflation and negative real interest rates for anyone with cash. Ron Paul saw this as pure theft and he was run out of the discussion and the subject was taboo in the last election. I've been writing about it for some time on message boards and two investment newsletters saying it is a hidden tax on savers.
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