Will Trump stop Quantitative Easing?

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[ARCHIVED THREAD] - Will Trump stop Quantitative Easing?

Posted: 12/20/2016 3:50:16 PM EDT

Will he turn off the printing presses?

Posted: 12/20/2016 3:54:32 PM EDT

[#1]

The President does not control the creation of money.
His only influence over that is through the power to veto appropriation bills. Of course if he did veto appropriation bills on the grounds that expenditures exceeded revenue the congress could, and probably would, override the vetoes.

Posted: 12/20/2016 3:56:52 PM EDT

[#2]

Pretty sure there's no way to stop QE without the house of cards crashing down. Trump can advocate for policy in the right direction, but I think too much has already been propped up artificially to really make a whole lot of difference.

Posted: 12/20/2016 3:58:41 PM EDT

[#3]

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Quoted:
The President does not control the creation of money.
His only influence over that is through the power to veto appropriation bills. Of course if he did veto appropriation bills on the grounds that expenditures exceeded revenue the congress could, and probably would, override the vetoes.

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This.

Come on man. The Federal Reserve controls it.

Posted: 12/20/2016 4:03:43 PM EDT

[#4]

I thought the interest rate hike meant QE was finished for now.

Posted: 12/20/2016 4:10:15 PM EDT

[#5]

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This.

Come on man. The Federal Reserve controls it.

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You don't really believe Janet Yellen is independent do you? She's just a stooge of Obama, soon to be a stooge of Trump. The fed chairman will do what the president wants.

Posted: 12/20/2016 4:19:08 PM EDT

[#6]

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I thought the interest rate hike meant QE was finished for now.

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John Rambo explains QE...

Posted: 12/20/2016 4:23:15 PM EDT

[#7]

Will Trump push for an audit of the FED? Will he push for the revocation of the FED's charter?

Posted: 12/20/2016 4:23:52 PM EDT

[#8]

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I thought the interest rate hike meant QE was finished for now.

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The rate hike was only .25%, it really needs to be at 3% or more before it's QE is 'over'.
And it may be too late.

Posted: 12/20/2016 4:24:47 PM EDT

[#9]

He'll replace it with Quantitative Winning.

Posted: 12/20/2016 4:41:54 PM EDT

[#10]

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He'll replace it with Quantitative Winning.

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HAHAHA

Posted: 12/20/2016 5:05:54 PM EDT

[#11]

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He'll replace it with Quantitative Winning.

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Well played, Sir, well played.

Posted: 12/20/2016 5:25:21 PM EDT

[#12]

Do you want the world to burn? That would be a good way to light the match.

Posted: 12/20/2016 5:26:15 PM EDT

[#13]

Quoted:
Will he turn off the printing presses?

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That is not what "quantitative easing" does.

Posted: 12/20/2016 6:00:15 PM EDT

[#14]

Quote History

Quoted:

You don't really believe Janet Yellen is independent do you? She's just a stooge of Obama, soon to be a stooge of Trump. The fed chairman will do what the president wants.

View Quote

You have the relationships backwards. The people who run the economy call the shots. The Chair of the Fed and the President do as they are told.

If the President doesn't play along, the economy comes to a screeching halt and he becomes the next Herbert Hoover.

Posted: 12/20/2016 6:02:02 PM EDT

[#15]

He might well cause Yellen to be fired, and appoint someone competent.

Posted: 12/20/2016 6:13:12 PM EDT

[#16]

QE ended in Oct 2014.

The ongoing pomo operations are pretty benign.

Posted: 12/20/2016 7:01:28 PM EDT

[#17]

You do know that they did stop the process technically known as QE already right? Or are you refrencing current "policy" for easy money and artificially low interest rates that our economy is now addicted to?

Posted: 12/21/2016 7:27:15 PM EDT

[#18]

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HAHAHA

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Quoted:

Quoted:
He'll replace it with Quantitative Winning.

HAHAHA

Lol

Posted: 12/21/2016 7:31:11 PM EDT

[#19]

Quoted:
Will he turn off the printing presses?

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Of course he will!
That's scheduled to happen just after he's resolved the Islamic Terrorism problem.

Posted: 12/21/2016 7:35:13 PM EDT

[#20]

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Quoted:
Do you want the world to burn? That would be a good way to light the match.

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So, we just keep printing more money that is backed by what?

Posted: 12/21/2016 7:42:54 PM EDT

[#21]

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Quoted:
You do know that they did stop the process technically known as QE already right? Or are you refrencing current "policy" for easy money and artificially low interest rates that our economy is now addicted to?

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No. I thought they were still printing money.
I didn't know it stopped.

Posted: 12/21/2016 7:47:33 PM EDT

[#22]

Fed is not controlled by the gov.

They do whatever the fuck they want.

Posted: 12/21/2016 8:06:12 PM EDT

[#23]

Quote History

Quoted:
Pretty sure there's no way to stop QE without the house of cards crashing down. Trump can advocate for policy in the right direction, but I think too much has already been propped up artificially to really make a whole lot of difference.

View Quote

I'm thinking this^^^^ To many of U.S. are dependent on the crack. I think the world will have to crash and burn first.

Posted: 12/21/2016 8:14:24 PM EDT

[#24]

It hasn't. The FED hasn't started shrinking it's balance sheet. It maintains it. Which means that as the debt they hold matures, they buy new debt with the cash. Still going strong, my friends.

Posted: 12/21/2016 8:20:52 PM EDT

[#25]

Quoted:
Will he turn off the printing presses?

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not that he himself could, but nope.

J-

Posted: 12/21/2016 8:40:11 PM EDT

[#26]

Quote History

Quoted:
Fed is not controlled by the gov.

They do whatever the fuck they want.

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And the last president to step on their dick attempting to put the power back into the treasury caught a few bullets in Dallas.

Posted: 12/21/2016 8:46:38 PM EDT

[#27]

He can't.

Posted: 12/21/2016 8:57:02 PM EDT

[#28]

Quote History

Quoted:
He might well cause Yellen to be fired, and appoint someone competent.

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In January 2018; she'll be gone when her term ends.

Expect her to cause problems until then.

http://www.cbsnews.com/news/fed-chief-janet-yellen-says-she-will-stay-pushing-back-against-donald-trump/

Posted: 12/21/2016 9:23:24 PM EDT

[#29]

Quote History

Quoted:
You do know that they did stop the process technically known as QE already right? Or are you refrencing current "policy" for easy money and artificially low interest rates that our economy is now addicted to?

View Quote

Is this a semantic thing? Like QE - the name - is over but the Fed is still pumping untold billions of dollars into the economy to keep it afloat? "Mission Accomplished" kinda thing?

Posted: 12/21/2016 9:58:13 PM EDT

[#30]

Quote History

Quoted:

You have the relationships backwards. The people who run the economy call the shots. The Chair of the Fed and the President do as they are told.

If the President doesn't play along, the economy comes to a screeching halt and he becomes the next Herbert Hoover.

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:

You don't really believe Janet Yellen is independent do you? She's just a stooge of Obama, soon to be a stooge of Trump. The fed chairman will do what the president wants.

You have the relationships backwards. The people who run the economy call the shots. The Chair of the Fed and the President do as they are told.

If the President doesn't play along, the economy comes to a screeching halt and he becomes the next Herbert Hoover.

More like he becomes the next JFK.