Thursday, November 04, 2010

So, the Fed is going to expand the money supply, as I've been anticipating. The stock market is taking it well, which is a mixed sign; business revenues will go up in pace with inflation, and assuming the economy doesn't tank stocks are a good investment. The rise in stock prices means investors think the economy will hold together despite inflation.

The expansion of the money supply will show up (eventually) as inflation, and not as a devaluation, which IMO is not ideal for the economy. Worse yet, there is no sign of any austerity measures, which means the fundamental issues with government spending aren't being solved. Expect further "easing" by the Fed in a year or less.

1 comment:

48pgeudyf6 said...

They work equally to actual casino slots, where a player spins the 토토사이트 reels in hopes to win the betting line. We have a selection of over 12,000 of one of the best free video games on the market right now, including slots,blackjack, roulette and a spread of titles unique to Casino.org. These top free video games could be played for enjoyable, with no sign-up, no obtain and no deposit wanted.