An auctioneer's success lies in creating liquidity: uniting the maximum number of buyers and sellers.
Eventually, though, the Fed will get it right and start to soak up the economy's excess inflation-creating liquidity.
It has been evident that Ben Bernanke has no idea how printing money will help the economy, yet he keeps promising more liquidity and investors keep trusting him despite endless data that creating more liquidity has absolutely no positive economic impact.
The yield on longer-term debt has been lower than we expected, creating ample liquidity for global growth.
In 2004 gold shot up well above its 12-year average, thus screaming that the Federal Reserve was creating excess liquidity.
Solving that depends on creating more liquidity through more exchanges.
In China, on the other hand, the current pace of intervention cannot continue because it is creating excess liquidity and thus, at some stage, will also create inflation.
Cummings believes in creating vast pools of liquidity in the stock market, just as the nyse and Nasdaq do.
And she did not strike down the European Central Bank for creating a torrent of liquidity for banks (see article).
This churning of collateral means that re-hypothecation transactions have been creating enormous amounts of liquidity, much of which has no real asset backing.
Even if a business could get a loan, they now have more incentive to invest abroad than in the United States so we are exporting liquidity and creating bubbles and instability everywhere.
Rather than attracting bargain-hunting buyers, the repeated asset write-downs chased buyers out of the market and encouraged more selling, creating a black hole of liquidity.
Trading activity is therefore limited in these bonds, creating opportunity for some but restricting liquidity for others.
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As people and companies produce more they are creating more lendable resources, adding to liquidity.
And I think that's creating a lot of discomfort, because the monetary policy and the extra liquidity don't help to create jobs.
Just accept the fact that increased liquidity from QE3 cannot stoke the economy back to sufficient job-creating jobs.
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The European Central Bank must avoid creating an incentive for banks to load up on Greek debt and then offer it as collateral for liquidity from the ECB, by (controversially) offering less cash for government bonds with lower credit ratings.
Liquidity is more like a painkiller than a cure, and the ECB is itself worried about creating an addiction to cheap money.
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