Comments on: OF TREASURY AUCTIONS, ROCKS AND HARD PLACES

By: Gareth Daniel

Gareth Daniel — Tue, 18 Aug 2009 20:44:57 +0000

Another interesting article, thank you. You raised some good points. The Bank of England made a somewhat unexpected £50bn addition to its QE plans on 6th Aug and we certainly noticed an immediate drop in sterling against the dollar to this news. Perhaps, “devaluation” would be a more accurate title than “Quantitative Easing”.

It still seems that QE is seen by the BoE as the best option to give our economy the boost to help it over the line, but this isn’t a sprint; it’s a marathon! This short term cash solution is sure to lead to long term tax and deficit problems as well as inflationary headaches. It also seems to me that fair chunks of this money is helping the bankers whose greed helped get us into this problem in the first place.

By: Stephen Hunt

Stephen Hunt — Sat, 15 Aug 2009 01:43:56 +0000

Good job. It is very disturbing that there is relatively little appreciationof this looming inflation trainwreck. Instead the press follows Paul Krugman’s advocacy of more “stimulus”. How do these people get away with calling the theft inherent in money printing and certain increased taxtion “stimulus”?

By: Bondie Gambrell

Bondie Gambrell — Thu, 13 Aug 2009 16:36:10 +0000

Very good stuff! Keep up the good work.

By: Bobby

Bobby — Wed, 12 Aug 2009 20:36:35 +0000

Very good insight– History will laugh at all the current policies…….

By: TheFalcon

TheFalcon — Wed, 12 Aug 2009 20:03:06 +0000

Thanks for the comment! I am very intrigued by the prospect of a Fed Audit. We’ll see what happens.

By: Mark Moline

Mark Moline — Wed, 12 Aug 2009 19:37:59 +0000

Another nicely written, thoughtful article on what the Fed is up to… and how long they can keep it up. I especially encourage people to visit Congressmen Ron Paul’s website and get involved with the ‘Audit the Fed’ bill that he has proposed.

Keep up the good work Falcon! I look forward to your next missive…