QE 4

Well sure. Call it what you want but we gotta keep up with the Joneses or the Japs (not meant to offend, just poetic). Japan lowered their interest rate to negative territory today. In anticipation of The Fed doing the same the Dow rose almost 400 points today.

So what’s up? Central banks lower rates by giving free money to banks (more money, less value). Less valuable money means higher stock prices because it takes more money of lower value to buy the same shares. Ultimately you and I are handing the banks free money because our dollars lose value while they have a larger number of cheaper dollars.

http://in.reuters.com/article/global-markets-idINKCN0V71JD

Oh well. Who cares, as long as homosexuals can’t sign a government form saying they are married. Doesn’t it seem like somebody has their priorities screwed up?

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