tag:blogger.com,1999:blog-8305505968390768234.post6375326607315458060..comments2023-08-10T11:39:24.714-04:00Comments on fdralloveragain: 3-M T-Bill Hits 0.005%--Fed Rate 50x Higherfdralloveragainhttp://www.blogger.com/profile/03488923148019117760noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8305505968390768234.post-50354216316783147592009-11-21T00:38:39.863-05:002009-11-21T00:38:39.863-05:00"The Fed will take up the slack in the only w..."The Fed will take up the slack in the only way open to it, by printing money out of thin air and exchanging it for promises from the Treasury. That means an escalation of monetary inflation"<br /><br />Actually it means mega-deflation, since simple lending to finance Federal deficits, while criminally profitable for those printing money for profit, is a sad substitute for commercial banks lending (which is where the REAL printing happens) with 40:1 leverage to the employed, unemployed, newborns, and dead people.<br /><br />Lending, in isolation, is purely deflationary because debited interest saps the borrower, reducing the cash supply. Without an ever expanding pyramid of ultimately mindless credit expansion, the ponzi collapses under its own weight.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-57612685145999455762009-11-20T16:24:37.339-05:002009-11-20T16:24:37.339-05:00Does the fact that The Fed is paying 25 basis poin...Does the fact that The Fed is paying 25 basis points to banks on excess reserves (created by monetization of treasury and agency debt)mitigate above? The 25 basis points is taxpayer funded of course, which is deflationary, but just wondering.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-24058266264046577892009-11-20T15:23:03.767-05:002009-11-20T15:23:03.767-05:00Adding it all together, even under the most conser...Adding it all together, even under the most conservative of assumptions, there are simply not enough buyers to cover the accelerating federal deficits. That leaves the lender of last resort, the Federal Reserve, as the only remaining candidate to satisfy the government’s grotesque appetite for funding. There is no viable alternative.<br /><br />The Fed will take up the slack in the only way open to it, by printing money out of thin air and exchanging it for promises from the Treasury. That means an escalation of monetary inflation and, somewhere down the road, serious price inflation as well. We don’t know exactly when that will happen, only that it must.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-91839405103206796482009-11-20T15:17:11.861-05:002009-11-20T15:17:11.861-05:00Courtesy of American free market capitalism, marke...Courtesy of American free market capitalism, market efficiency, fair practice and true price discovery, todays closing price of AMZN will be………….. 130Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-17300567175774467192009-11-20T07:51:10.844-05:002009-11-20T07:51:10.844-05:00Oh my, what happened at 7:05 this morning, 11/20, ...Oh my, what happened at 7:05 this morning, 11/20, in fx markets.<br /><br />I'm sure it was just another keying mistake, not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-38738991731390923312009-11-20T07:24:09.982-05:002009-11-20T07:24:09.982-05:00Negative rate for 28-day bill:
http://tinyurl.com...Negative rate for 28-day bill:<br /><br />http://tinyurl.com/yhjh8ydAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-19252837660490038062009-11-20T07:16:24.354-05:002009-11-20T07:16:24.354-05:00FDR, you're late. It's already hit negativ...FDR, you're late. It's already hit negative territory. Let the collapse begin!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-51473587428090522502009-11-19T22:03:49.017-05:002009-11-19T22:03:49.017-05:00FDR,
In your estimation, when do home prices real...FDR,<br /><br />In your estimation, when do home prices really tank? In 2 years, 5, or 10?<br /><br />Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-83775811358060909922009-11-19T21:33:47.633-05:002009-11-19T21:33:47.633-05:00Email a senator or a member of congress and sound ...Email a senator or a member of congress and sound off.<br /><br />It is so easy and fast.....<br /><br />Examle, Google>> email seator harkin, and presto ! Go on a two minute rantAnonymousnoreply@blogger.com