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Mrben
01 Mar 12 23:16
Joined:
Date Joined: 25 Oct 03
| Topic/replies: 5,929 | Blogger: Mrben's blog
It appears the fed reserve chairman, formerly known as "helicopter ben"  may be prepared to land said helicopter and park it in the shed.

He has basically  stated that should the US economy continue to improve the presses will  be turned off.

This  blows mellys hyperinflation/gold/ total collapse argument out of the water. His dingy is sunk.

No douby melly will indignantly claim that the presses willl never be turned off until it all collapses. We know his record on being rightLaughLaughCrazy

It also confirms what I have been saying all along.Money printing will not be endless and the money printed has simply gone to replace what was lost into thin air.

NO hyperinflation possible.No gold 5000.Scared

Melly- when you have a superior intellect one can work these things out, see through the shallowness of obvious conclusions and act accordingly.

  YOU on the other hand are as thick as 2 short planks and ,hence are unable to take advantage.

Whilst I have made  a fortune since 2008- you have lost melly burger as well as the villa and now it appears you sanity is on a knifes edge as well.ShockedShocked

Just think melly- if you were not such a bombastic know all  intellectual buffoon/twit you could have come across to my side and made a fortune as well.Tongue Out

But you stayed with your own loser self.Oh well.Read em and weep ,loser.Devil
Pause Switch to Standard View DID bernake just sink melly's dingy?
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Report Banwana March 2, 2012 7:37 AM GMT
I don't think melly believes a single word that comes out of bernakes mouth so I doubt this will have any effect.
Report Menelaus March 3, 2012 12:01 PM GMT
This is what benny the clown thought Bernanke said:

"He has basically  stated that should the US economy continue to improve the presses will  be turned off."





This is what Shawn Richards a published economist with a degree from the LSE thought Bernanke said:

The unemployment rate remains elevated, long-term unemployment is still near record levels, and the number of persons working part time for economic reasons is very high. The housing market remains a drag to the economy. Unfortunately, many potential buyers lack the down payment and credit history required to qualify for loans; others are reluctant to buy a house now because of concerns about their income, employment prospects, and the future path of home prices.

Further monetary easing is not only possible but likely.





Got that benny the clown?

Further monetary easing is not only possible but likely
Report Menelaus March 3, 2012 12:43 PM GMT
This is what benny the clown thought Bernanke said:

"He has basically  stated that should the US economy continue to improve the presses will  be turned off."




This is what Dan Norcini, a 20 year professional trader on the exchange floor as a commodities trader, and a regular contributor to the Wall Street Journal, thought Bernanke said:

"The economy is getting better based on what we can see of the employment numbers but it is not growing at a fast enough clip to justify any immediate change in our accomodative monetary policy. The uptick in hiring has been helped by this policy and any change to it at the present time is not warranted. Real Estate is still a concern. Us fiscal condition is dire and faces a serious challenge at the end of this year. Inflation is not a concern although temporary rises in energy prices bear monitoring"



Did you get that benny the clown?

"...but it is not growing at a fast enough clip to justify any immediate change in our accomodative monetary policy"
Report Menelaus March 3, 2012 12:46 PM GMT
This is what benny the clown thought Bernanke said:

"He has basically  stated that should the US economy continue to improve the presses will  be turned off."



Only clowns pay attention to what Bernanke says. Anyone with a functioning brain just pays attention to what he does, not what he says:

http://research.stlouisfed.org/fred2/series/M1



No, I won't ask, way beyond your reach to get this benny the clown.
Report Whippet March 3, 2012 1:24 PM GMT
trotting out quotes from economists is the actions of a dimwit, without even the slightest clue about anything, melly.

for every one economist you find with a particular opinion, you will always be able to find another that disagrees with him.

You are acting like 2 quotes from a couple of traders is definite proof that it is going to happen. Talk about clutching at straws.
Report Menelaus March 3, 2012 2:23 PM GMT
Wipeout, just get a room with this clown and get it over and done with instead of embarrassing yourself every day on here.

Coward, hypocrite and a fool who's in love with a clown. It doesn't get any lower than that.......
Report Whippet March 3, 2012 4:33 PM GMT
coward - says the person who will never respond when he has been completely owned, or instead of debating like an adult, would rather resort to childish name calling (whilst calling other people "children" at the same time. Laugh

hypocrite - says the person who constantly lies about every single trade he makes.

fool - says the person with an IQ that just about threatens double figures.
Report Menelaus March 3, 2012 4:46 PM GMT
I'd say you pretty much nailed how you described yourself Wipeout. May be there's hope for you after all as your road to recovery will only begin with acceptance.

Cheers.
Report Whippet March 3, 2012 4:50 PM GMT
I would say I feel slightly sorry for you, as you appear to have given up even trying to post half decent responses under the sheer battering you are receiving from all sides on here. However, the fact that you are a complete c*nt makes me feel less sorry for you. Please do us all a favour (you included) and p1ss off for good.
Report Menelaus March 3, 2012 4:53 PM GMT
Wow, that my be a record time reply.......LOL

Stay logged in, since you seem addicted to reading my stuff on here, I'll throw a bone your way every now and then.......LOL
Report Whippet March 3, 2012 4:55 PM GMT
i'm watching soccer saturday and posting on here at the same time. what's your excuse?
Report Muqbil March 5, 2012 11:13 AM GMT
Surely no one believes what Bernake says????? The longer this economic recovery charade is played out the bigger the fall.
Report Menelaus March 5, 2012 1:00 PM GMT
QE never ended, nor can it end. The problem is the daily rag that benny the clown reads and cuts and pastes on here hasn't covered that part yet.

What the feck clueless mugs like benny the clown think ZIRP is? What the feck is a never ending Operation Twist, or never ending OMOs? What the feck are the FX swaps other than money coming into existence out of thin air?

And last but not least, how does it stop the money presses when the US has to borrow $1.5 trillion this year to finance their obscene deficit, at a time when China, Russia and Japan are all pulling back? Short answer: he can't and he won't. All he is doing now is trying to jawbone the oil price and inflation monster back in.

Only clowns believe him.
Report Mrben March 5, 2012 9:53 PM GMT
your a moron melly.QE will end.Whether it ends in disaster or triumph , it will end.

thats the whole problem with your way of thinking, totally inflexible, incapable of considering a range of alternatives.

its why u probably spend your nights sleeping in a cardboard box under a bridge.
Report Menelaus March 5, 2012 10:05 PM GMT
Finally, you are beginning to clue in clown. Bravo.

QE will surely end some end.....hyperinflation is how this ends.

Now go back to making us laugh, it's your job on here after all.

LaughLaughLaugh
Report Menelaus March 5, 2012 10:05 PM GMT
...some day.....
Report Mrben March 5, 2012 10:11 PM GMT
melly- i'll have it each way so i can claim im right, strikes again.

QE never ended, nor can it end

and a few minutes later

QE will surely end some end

and this dropkick  thinks he can be taken seriously.LaughLaugh
Report Menelaus March 5, 2012 10:18 PM GMT
Come on, be honest, you don't even know what QE stands for, do you?

Laugh
Report charlatan March 9, 2012 11:02 PM GMT
so you're on the attack with a trader's quote containing 'Inflation is not a concern' Laugh
Report Maximum March 10, 2012 1:11 AM GMT
Who would take this gunge serious?
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