Fed pumps $1.2 trillion in to US economy

Generali

Cleaver wrote: »

Then this is $1 trillion:

The picture didn't work:

Generali

lostinrates wrote: »

Pastures....some how that makes it seem less.

I mean here's a guy who can perform miracles in feed huge gatherings on a couple of loaves fish and a wine botle that never empties, and yet now he only has enough for a BigMac?

It's what happens if you live above your means. He should put together an SoA and He really needs to can the Sky+ subscription and get a cheaper mobile phone.

Cleaver

If you took the $1 trillion and shared it equally between the estimated number of ants on the planet they would each get 0.5 cents.

However, if you divided the same $1 trillion between the estimated number of fish in the oceans, they would each get 28 cents.

Does that help any?

I really need to go to bed.

davilown

The big question is - is this really going to work? I have my doubts but or those in NE or without jobs, I hope so!

Generali

davilown wrote: »

The big question is - is this really going to work? I have my doubts but or those in NE or without jobs, I hope so!

It won't work. It'll either be wholly ineffective or produce high rates of inflation.

I am confident in saying that as those have always been the outcomes of QE in the past.

Cleaver

Generali wrote: »

The picture didn't work:

It worked on my PC. Maybe the picture is working its slow way through the cables and will be in Aus by tomorrow?

lostinrates

Cleaver wrote: »

If you took the $1 trillion and shared it equally between the estimated number of ants on the planet they would each get 0.5 cents.

However, if you divided the same $1 trillion between the estimated number of fish in the oceans, they would each get 28 cents.

Does that help any?

I really need to go to bed.

if you are an ant a nickle is probably quite a big deal I guess. especially as they have social communal housing. But they all have to give it to the queen I guess, so there must be some well off ants out there.

Fish? well, fish are obviously superior to ants. ants do all the work for a nickle while the better payed fish lounge by the beach, so to speak. Lucky them.

Generali

Cleaver wrote: »

It worked on my PC. Maybe the picture is working its slow way through the cables and will be in Aus by tomorrow?

Ha ha, that'll be it. Either that or Mr Rudd is testing his big internet filter he's going to try and impose on us over here.

lostinrates

PasturesNew wrote: »

What is a Trillion ... in my own words...

If Jesus had been given a trillion pounds and there was no interest on it... and if he had spent £1500 a day - EVERY DAY - without fail from then to now (he has to be immortal in my story) ... then right about now he'd have just enough for a Big Mac.

My other problem with this is that Jesus can only find £1500 orth of need everyday? TBH, I think he's a bit blind to peoples needs.

Anyway, he'd not have the money....giving what is Caeser's unto Caeser and all that (crudley paraphrased I admit). It might be Italy's debt problems helped a bit though in that case

MrFonzerelli

Generali wrote: »

Ha ha, that'll be it. Either that or Mr Rudd is testing his big internet filter he's going to try and impose on us over here.

So it's not only people in the UK having their freedoms eroded? Phew, that's a relief! :rolleyes: