...printing fiat money? The implications on the market and the economy in general will be disastrous. Every time some government entity decides to play the roll of some sort of sun god the whole entire economy and market suffers the consequences. This has happened many times throughout history.
http://www.historydoctor.net/Advanced%20Placement%20European%20History/Notes/absolutism_in_france.htm
Louis kept the propaganda machine going, which portrayed him as a glorious monarch. In 1662, he chose the sun as his emblem, and declared himself nec pluribus impar ("without equal.") To him, the son represented everything virtuous about an absolute monarch: firmness, benevolence, and equity. He was often depicted as Apollo, the Greek/Roman god of the sun, and was often called the "Sun King."
Financial and Economic Management Under Louis XIV: Financial management was Louis’ greatest weakness. While he was a master at extracting revenue from his subjects, his greatest talent was spending it with dizzying speed. His financial excesses and poor financial management put the monarchy into a financial tailspin, and set in motion the events which would lead to the French Revolution. Louis aptly predicted: Après moi, le deluge. ("After me, the flood.")
@Ericarchy- No you got it wrong. Commodities go up in price naturally when the value of the dollar decreases. What the Fed is doing is using his friends in Wall Street to naked short sell commodities so as to keep inflation in check. That is the biggest price control of all time. Everyone knows that price controls don't work and that it only leads to unintended consequences that will create a far bigger mess than that we experienced in 2008.
http://www.historydoctor.net/Advanced%20Placement%20European%20History/Notes/absolutism_in_france.htm
Louis kept the propaganda machine going, which portrayed him as a glorious monarch. In 1662, he chose the sun as his emblem, and declared himself nec pluribus impar ("without equal.") To him, the son represented everything virtuous about an absolute monarch: firmness, benevolence, and equity. He was often depicted as Apollo, the Greek/Roman god of the sun, and was often called the "Sun King."
Financial and Economic Management Under Louis XIV: Financial management was Louis’ greatest weakness. While he was a master at extracting revenue from his subjects, his greatest talent was spending it with dizzying speed. His financial excesses and poor financial management put the monarchy into a financial tailspin, and set in motion the events which would lead to the French Revolution. Louis aptly predicted: Après moi, le deluge. ("After me, the flood.")
@Ericarchy- No you got it wrong. Commodities go up in price naturally when the value of the dollar decreases. What the Fed is doing is using his friends in Wall Street to naked short sell commodities so as to keep inflation in check. That is the biggest price control of all time. Everyone knows that price controls don't work and that it only leads to unintended consequences that will create a far bigger mess than that we experienced in 2008.