Central Banks Pouring Money into Markets

August 13th, 2007

Move along. Nothing to see here. Go to Disneyland. Buy junk from Wal Mart. Stay asleep.

The Federal Reserve will print money to keep your reckless, crap shoot, dog shit investments afloat. (For now.) This is the “free market” after all.

Via: Yahoo:

Wall Street opened higher Monday after the Federal Reserve and other central banks added more cash to their banking systems, helping investors set aside some concerns about credit tightness.

The Fed said minutes after the opening bell that it would add $2 billion in liquidity in a one-day repurchase. That follows a move by the Bank of Japan to put $5 billion into the markets and an addition by the European Central Bank of $65.3 billion; the ECB added more than $200 billion last week. The moves, following similar injections by the Fed last week, placated Wall Street for now and allowed it to look ahead to a week of fresh economic data.

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4 Responses to “Central Banks Pouring Money into Markets”

  1. bg says:

    http://www.informationclearinghouse.info/article18169.htm

    This says quite a bit about who’s really profiting..

  2. sapphire says:

    This will go for many more years because the current economic system is too profitable to just let it go down the drain. The little guy will be screwed as per usual but capitalism will march on looking for new people to screw over.

  3. Loveandlight says:

    Well, with regard to market volitality, two sets of dates about which I’m rather concerned are August 27 and 28, as well as September 10 and 11.

  4. Jason says:

    To sapphire:

    I think you’re correct. This is the only reason I can figure that the U.S. hasn’t legislated/ enforced tougher immigration standards. The U.S. economy needs new dreamers (the American dream) to keep the money switching hands. From what I observe the immigrants that come here from Mexico are, for the most part, turning into consumer zombie bots as much as any American is. It seems as if this crazy purchase-consume-discard culture is still on the upswing. BTW – I heard a radio commercial – Burger King now sells Spam sandwiches. Wonder how long before they’re selling a slice of fake bread for $2.99 That you would have to drive fifteen minutes for. I just don’t know. About to say fuggit. Have a nice day.

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