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TODAY - The FED ROLLED THE DICE went ALL IN!

An act of desperation or not, today the FED went ALL IN and Rolled the dice. The FED has written a blank check, a line in the sand that will become a historic moment in it's history!

Does America still have the credibility to lead the world out of the morass ? Within the next few days the foreign markets will decide. We shall soon know!



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northstar's picture

They still have'nt told us what the actual rate is.

Until they do, I will assume they are giving preferential rates to some and NOT others even if they're in the same industry.

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Republicae's picture

When it is between Zero and

When it is between Zero and .25%, it doesn't really matter at that point.

http://www.1776solution.blogspot.com

"The principle for which we contend is bound to reassert itself, though it may be at another time and in another form." ~Jefferson Davis

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Article

This article over at lew rockwell has some details on things, I'm still working on fully understanding what this means. http://www.lewrockwell.com/rozeff/rozeff246.html

"It is the responsibility of the patriot to protect his country from its government."

— Thomas Paine

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

I think what it means is they have orchestrated

what they hope will be a global market rally demonstrating faith in the financial credibility and leadership of the US. I feel sure it has been staged, the question is - will it succeed and last?

and I guess if it doesn't

and I guess if it doesn't it would mean serious pressure on the dollar.

"It is the responsibility of the patriot to protect his country from its government."

— Thomas Paine

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

Yes they did!!!

Even I was quite surprised.

Things must be more desperate than most of us think.

It explains their entire behavior this past week.

WAHOR!!
http://www.dailypaul.com/node/48994

Interest rates 0%?

Really?

http://news.bbc.co.uk/1/hi/business/7786282.stm

The People's President
Ron Paul R[̲̅ə̲̅٨̲̅٥̲̅٦̲̅]ution 2012

Evidently you can't either... LOL

d-e-s-p-E-r-a-t-i-o-n.

Didn't want to nitpick, but the title struck me as hilarious. Sorry bout that.

Republicae's picture

That was

That was hilarious....KUDOS!

http://www.1776solution.blogspot.com

"The principle for which we contend is bound to reassert itself, though it may be at another time and in another form." ~Jefferson Davis

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Let me try again

Desperation!

How is that?

Not good enough!

Try AGAIN!

It's time! Rand Paul 2016!

"Truth, Justice, and the American Way!"

SteveMT's picture

What does cheap money borrowing sound like????INFLATION!!!

Super-inflation.
Gold today: up $23.+
Silver today: up $0.65+

These are not little moves.
http://www.apmex.com/Homepage/Default.aspx

Watch the foreign markets over the next few day!

They could be set up as a show of confidence for a few days, but within a week the die will be cast.