Federal Reserve said it plans to pump $200 billion into the financial markets

[question everything]

How? By printing money?

[islandmkl]

1. they will probably miss my account, again.....

[sinkingfeeling]

2. They did that this morning. Are you talking about another $200 billion?

[question everything]

3. I hope not. Just saw it on Yahoo finance

Wall Street finally found a reason for a huge rally Tuesday, after the Federal Reserve said it plans to pump $200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrial average shot up more than 416 points, its biggest one-day point gain since July 24, 2002.

[DemocratInSoCal]

4. Wait For It......

When they run out of this $200 BILLION, there's another $200 BILLION, AND THEN SOME, waiting to be printed out of thin air.

Don't worry. Helicopter Ben is prepared to drop money out of helicopters in order to make the economy seem like it's afloat. He and his buddie King george will be long gone by the time the Shit Hits The Fan, and that's what he's hoping for.

[bhikkhu]

8. Why, is someone counting?

[ORDagnabbit]

5. can you say inflation? they hid M3 a while ago and its been skyrocketing since. :)

[RC]

7. Inflation? Those bean counter escapees can't see that far down the road.

The next bottom line comes first.

What really is needed is living wage jobs. Can't be having that though, 'cause it don't help the rich enough.

[bhikkhu]

9. Link to M3 continuation chart:

http://www.shadowstats.com/alternate_data

[gravity]

6. It is a loan

to provide liquidity in the debt markets

[question everything]

10. Good. I hope that they will handle this better than the speculative

mortgages.