經濟,財務,統計學,數理科學與政治評論

My Dear American friends:

  I know you are so nervous to know if there is another round of Quantitative Easing, I guess the answer is definitely YES!! But in what form is the crucial question, I still think that "the operation twist" is a better one.

  The reasons are due to (1)The house market needs more air and powers to drive it back to the normal path. If the FED can gives the house market several hands, it may let people believe the market is finally stable and not in the down-trend track anymore!! (2)If you use the quantitative easing like the QE 1, I guess it is not proper when we all know that the market goes down lately is due to the large redemptions of mutual funds. American people are worry that the first qurter,2012 up maybe the signal of the consequent down-trend quarters. The behavioral finance plays its role again!! There is no liquidity shortage of financial market except the faith, and the basic problem for the States is that too less innovations can draw the market's eyeballs. You need more innovations to let people believe there are many new industries to come and everyone can become better off from the new business. Maybe the space travel or new car models can have the similar impacts as the new innovation. (3)We should give the house market a big hand because it has so many related businesses around it. It can help people raise their families. It is much more important than decades ago for Americans.