General Discussion

PeoViejo

(2,178 posts)

5. Quantitative Easing

Tue Jul 29, 2014, 07:37 AM

Jul 2014

The Fed creating Money out of thin air dilutes the purchasing power of everyone's Money. That money you were saving for retirement is worth about a third of what it was prior to the Recession, based on projected M3 figures. (Money in circulation) M3 isn't published anymore because the Fed doesn't want you to see how we have all been screwed.

As far as Rate of Return goes: What Rate of Return?

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78 replies

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Highlight:

What Recovery? You Probably Became Poorer In the Last 10 Years [View all] xchrom Jul 2014 OP

k&r for the truth, however depressing it may be. n/t Laelth Jul 2014 #1

Seems about right to me - LiberalElite Jul 2014 #2

Probably? More like most definitely! hobbit709 Jul 2014 #3

Kami Sama knows.... yuiyoshida Jul 2014 #4

Quantitative Easing PeoViejo Jul 2014 #5

That's true to some extent, but I don't think the creation is the driver of most of this drop. Erich Bloodaxe BSN Jul 2014 #26

Posted to for later reading ... 1StrongBlackMan Jul 2014 #6

I'd like to see if you change your mind after reading. Erich Bloodaxe BSN Jul 2014 #28

I still haven't read the article yet; but, ... 1StrongBlackMan Jul 2014 #30

I'm sure you're right that housing is a large part of the drop. Erich Bloodaxe BSN Jul 2014 #31

not all misleading noiretextatique Jul 2014 #44

Retired workers Thespian2 Jul 2014 #7

The 'cost of living adjustments' are based on a fiction Erich Bloodaxe BSN Jul 2014 #29

K & R ctsnowman Jul 2014 #8

Net worth? Compared to prime housing boom/bubble? whatthehey Jul 2014 #9

Are we adding families, especially poor ones? AngryAmish Jul 2014 #10

I think immigration is part of it hfojvt Jul 2014 #15

Or maybe it's the aging population..... llmart Jul 2014 #56

This has clearly been the agenda of the elite, and they have been wildly successful. nt stillwaiting Jul 2014 #11

Sorry, I KNOW that I did NOT hfojvt Jul 2014 #12

perhaps you should provide links for your numbers nt xchrom Jul 2014 #20

other people can google census of wealth hfojvt Jul 2014 #22

It is always hard to look at a barrage of statistics and squeeze one story out of them bhikkhu Jul 2014 #21

for me, income is directly related to net worth hfojvt Jul 2014 #23

income - expenses noiretextatique Jul 2014 #46

and "many is a word that only leaves me guessing" hfojvt Jul 2014 #47

JUST TODAY I had to blow away an IRA of mine to pay the rent this coming month! cascadiance Jul 2014 #70

Most people spend what they earn, then have zero net worth bhikkhu Jul 2014 #57

it is not always a necessity to spend what you earn hfojvt Jul 2014 #67

not blowing all my money on tattoos has a familiar ring Autumn Jul 2014 #52

That's for sure. Autumn Jul 2014 #13

K&R DeSwiss Jul 2014 #14

A better plan? nt clarice Jul 2014 #27

First marions ghost Jul 2014 #33

Not perfect, but I haven't seen anything better. nt clarice Jul 2014 #34

And you think that marions ghost Jul 2014 #35

Speaking of a Vampiric economic system... clarice Jul 2014 #36

You mean like in Sweden? Kingofalldems Jul 2014 #39

Yes, like in Sweden.... clarice Jul 2014 #40

I will continue to respond. Kingofalldems Jul 2014 #41

You can't reason with the "I got mine" crowd... marions ghost Jul 2014 #50

I see that, how pathetic to see on DU. Rex Jul 2014 #62

We need to know they're out there tho... marions ghost Jul 2014 #65

That "fiscally rightish" thing just isn't. Enthusiast Jul 2014 #73

Ok. nt clarice Jul 2014 #77

Example? marions ghost Jul 2014 #48

What socialism? Name names. Enthusiast Jul 2014 #74

BTW....yes, I have become very successful... clarice Jul 2014 #37

Who asked you to apologize? Kingofalldems Jul 2014 #42

Back on ignore for you.nt clarice Jul 2014 #43

Is it capitalism? raouldukelives Jul 2014 #58

This ^ ^ ^ Yo_Mama_Been_Loggin Jul 2014 #61

Good point marions ghost Jul 2014 #63

True. Enthusiast Jul 2014 #75

Yes. n/t DeSwiss Jul 2014 #59

I'm lucky.... Adrahil Jul 2014 #16

Since Reagan, all presidents are corporatist, and most of Congress too...... dmosh42 Jul 2014 #17

+1 Enthusiast Jul 2014 #76

I'M back to making good money, but i'll never recover financially from the 5 yrs of KG Jul 2014 #18

I'm glad to hear that your situation has improved. Good on ya mate.nt clarice Jul 2014 #38

So you are in Australia? marions ghost Jul 2014 #49

No....I just like that expression. lol. I'm in Texas. nt clarice Jul 2014 #78

Yeah edhopper Jul 2014 #19

Good one. nt elias49 Jul 2014 #25

Yup bigwillq Jul 2014 #24

It's worse than that n2doc Jul 2014 #32

LOL conservaphobe Jul 2014 #45

Lol indeed. progressoid Jul 2014 #54

Probably? n/t Paper Roses Jul 2014 #51

Probably? progressoid Jul 2014 #53

COSTLY trade agreements. grahamhgreen Jul 2014 #55

If you believe our economy is recovering.... sendero Jul 2014 #60

Well if we lived in a system of regulations and oversight, it would be capitalism. Rex Jul 2014 #64

K & R historylovr Jul 2014 #66

K&R.... daleanime Jul 2014 #68

The 1% is doing just fine, thank you very much. blkmusclmachine Jul 2014 #69

Precisely Sherman A1 Jul 2014 #72

Lynn Sturat Parramore (the author) almost had it... ReRe Jul 2014 #71