User talk:EuroRIP

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Hello, EuroRIP, and welcome to Wikipedia! Thank you for your contributions, especially what you did for Quantitative easing. I hope you like the place and decide to stay. Here are some pages that you might find helpful:

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I hope you enjoy editing here and being a Wikipedian! Please sign your messages on discussion pages using four tildes (~~~~); this will automatically insert your username and the date. If you need help, check out Wikipedia:Questions, ask me on my talk page, or ask your question on this page and then place {{help me}} before the question. Again, welcome! LK (talk) 06:23, 20 June 2011 (UTC)

June 2011

Welcome to Wikipedia. Everyone is welcome to make constructive contributions to Wikipedia, but at least one of your recent edits, such as the one you made to Quantitative easing, did not appear to be constructive and has been automatically reverted (undone) by ClueBot NG.

• Please use the sandbox for any test edits you would like to make, and take a look at the welcome page to learn more about contributing to this encyclopedia. Note that human editors do monitor recent changes to Wikipedia articles, and administrators have the ability to block users from editing if they repeatedly engage in vandalism.
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• The following is the log entry regarding this warning: Quantitative easing was changed by EuroRIP (u) (t) ANN scored at 0.896661 on 2011-06-20T23:52:31+00:00 . Thank you. ClueBot NG (talk) 23:52, 20 June 2011 (UTC)

QE

Greece looked like it was right on the edge but now i am not so sure.

The problem for the financial pages is not just LK, LK gets quickly followed by Freeloader, boyraynor,bigk and more or less an infinite number of others. You could entirely rewrite the financial pages and do something to be proud of and that lot can revert it back to garbage in a single edit per page. Andrewedwardjudd (talk) 08:29, 21 June 2011 (UTC)andrewedwardjudd

Risk in QE

I have suggested to user:Darx9url that if risk is removed from the lead you might both be satisfied?

There is already a section on risk and some of your concerns are already covered there i think. Or it could be changed i would guess so you can be happy. Andrewedwardjudd (talk) 05:56, 23 June 2011 (UTC)andrewedwardjudd

I'm happy if he is. He obviously doesn't want details regarding what the real risks are appearing in the lead. Saying "more effective than intended" is ridiculous. My explanation at least clarifies what that means. Perhaps moving it to the body of the article would be better, but wherever it is it must say something better than "more effective than intended." That is like saying when someone dies of radiation poisoning from a cancer treatment it was "more effective than intended." It's such a wishy washy weak way of explaining it. The risks are (1) inflation/credit expansion/currency collapse or depreciation or (2) having no effect at all due to there being no credit worthy businesses or individuals to lend to. Why we have to go through these ridiculous battles is beyond me. They are using an electronic printing press to DELIBERATELY and INTENTIONALLY debase the monopoly fiat currency by creating money out of nothing. What is wrong with saying this when that is what the declared intention is??? - EuroRIP (talk) 09:12, 23 June 2011 (UTC)

We are largely in agreement. Electronic money printing is what it is.

But because the money is only inside accounts controlled by the feds there is really no risk this policy could be suddenly inflationary. The risk is no different to having too low rates for too long. Bernanke has already mentioned how they could quickly alter the velocity of transfers on these accounts i think. No doubt the code is already there and they just have to bring up a screen and enter the delay. Probably such a device is already part of fine tuning the federal funds rate.

Risk is already in the body with a Risk section. - Andrewedwardjudd (talk) 10:13, 23 June 2011 (UTC)andrewedwardjudd