/biz/ - Business & Finance

>>13202660
nah thats not what Im thinking, heres wat Powell said in 2012
>I have concerns about more purchases. As others have pointed out, the dealer community is now assuming close to a $4 trillion balance sheet and purchases through the first quarter of 2014. I admit that is a much stronger reaction than I anticipated, and I am uncomfortable with it for a couple of reasons.
>First, the question, why stop at $4 trillion? The market in most cases will cheer us for doing more. It will never be enough for the market. Our models will always tell us that we are helping the economy, and I will probably always feel that those benefits are overestimated. And we will be able to tell ourselves that market function is not impaired and that inflation expectations are under control. What is to stop us, other than much faster economic growth, which it is probably not in our power to produce?

He understands the fuckups and he's too smart for cards he's been given, this is what worries me, he's not dumb enough to let market crash and start pumping fedbucks afterwards. Look at december, any fundamental changes? Indicators still going bad, trade meme is going forever and were moving sideways. My idea is Powell knows market got used to pricing in FED manipulation and he'll do everything to force market to believe its not the case, holding market too high for yield curve invertion to prove to be irrelevant so market doesnt know what the fuck to do would be one of those things
>>13202663
only way this happens is they both nuke Britain or smthn