tag:blogger.com,1999:blog-6399730406480392183.post3266161988084047823..comments2024-03-12T16:31:22.046-03:00Comments on Viable Opposition: The Federal Reserve's Balance Sheet - Entering Uncharted TerritoryA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6399730406480392183.post-76167132958963487152012-09-14T08:42:50.570-03:002012-09-14T08:42:50.570-03:00Every day I watch the markets. Of course, to the c...Every day I watch the markets. Of course, to the chagrin of my gf. Nonetheless, I asked: "How much can the U.S. economy withstand such as QE, debt-to-GDP ratio, or food prices? I ask because when oil was $25 per barrel and gas less than $1.50 per gallon we never thought just 12 years ago that oil would breach $100 let alone $140 and gas sell for almost $5 per gallon. We laughed with, Those are prices at least four generations away. But yet, here we are in less than one generation seeing massive distortions in prices wrecking havoc on quality of life worse than tsunamis, hurricanes, and earthquakes because at least in the latter Government does lend a small hand after the fact. As for the former, they are the hand that is unleashing the next crisis: complete and utter destruction of the U.S. dollar. Anonymousnoreply@blogger.com