Signifyin(g)Monkey Posted September 18, 2019 Share Posted September 18, 2019 Well that’s...odd. Don’t think it’s an incipient financial crisis or anything—I think it’ll still be awhile before we have one of those—but something is clearly amiss, especially when this is considered in light of the inverted yield curve. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted September 18, 2019 Share Posted September 18, 2019 I...uhhhhhh...what? @Signifyin(g)Monkey - the link is broken. Quote Link to comment Share on other sites More sharing options...
Jason Posted September 18, 2019 Share Posted September 18, 2019 NEGATIVE INTEREST RATES BABY Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted September 18, 2019 Author Share Posted September 18, 2019 2 hours ago, SFLUFAN said: I...uhhhhhh...what? @Signifyin(g)Monkey - the link is broken. Link fixed. Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted September 18, 2019 Share Posted September 18, 2019 Yeah i saw this news alert on my phone too... Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted September 18, 2019 Share Posted September 18, 2019 Anyone who complains about “redistribution of wealth” or social welfare programs that benefit the less fortunate should be covered in chum and dropped into shark infested waters. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted September 18, 2019 Share Posted September 18, 2019 Quote "The Fed won't admit this," Cabana said, "but it looks and smells an awful lot like the monetary authority is financing the fiscal authority." Oh. Oh dear. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted September 18, 2019 Share Posted September 18, 2019 Good and easy to win Quote Link to comment Share on other sites More sharing options...
Chris- Posted September 18, 2019 Share Posted September 18, 2019 4 hours ago, SFLUFAN said: Oh. Oh dear. ENGLISH, MOTHERFUCKER Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted September 18, 2019 Share Posted September 18, 2019 2 minutes ago, Chris- said: ENGLISH, MOTHERFUCKER It means that the Federal Reserve (the monetary authority) is essentially financing US government spending (the fiscal authority). That really, really shouldn't happen. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted September 18, 2019 Share Posted September 18, 2019 Quote Link to comment Share on other sites More sharing options...
CayceG Posted September 18, 2019 Share Posted September 18, 2019 35 minutes ago, SFLUFAN said: It means that the Federal Reserve (the monetary authority) is essentially financing US government spending (the fiscal authority). That really, really shouldn't happen. How *should* it happen? And why is this bad? Quote Link to comment Share on other sites More sharing options...
CayceG Posted September 18, 2019 Share Posted September 18, 2019 1 hour ago, b_m_b_m_b_m said: Good and easy to win Is that part of why they lowered rates? Because it seems like the trade war is going to be what plunges us into a recession. Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted September 18, 2019 Author Share Posted September 18, 2019 2 hours ago, CayceG said: How *should* it happen? And why is this bad? The operations of the central bank were originally decoupled from the operations of the treasury to avoid the latter directly controlling the former, allowing the central bank to focus exclusively on responsibly managing the money supply and (hypothetically) the value of the dollar. If the treasury directly controlled the central bank, the management of the money supply and the value of the dollar would be subjected to the short-term political interests of whatever administration held the White House. Of course, it’s naive to think the White House holds absolutely no sway over the Fed’s decisions, but even marginal independence allows the financial markets to have faith in the dollar. Without this independence, it’s very likely markets would soon lose faith in the future stability of the dollar, dump their dollar holdings, and send the exchange rate plummeting into an inflationary nightmare. 2 Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted September 18, 2019 Share Posted September 18, 2019 Can we just have a recession happen already? Quote Link to comment Share on other sites More sharing options...
Guest Posted September 18, 2019 Share Posted September 18, 2019 I’m not entirely convinced as to what is being suggested is actually happening. We shall see! Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted September 19, 2019 Author Share Posted September 19, 2019 19 minutes ago, sblfilms said: I’m not entirely convinced as to what is being suggested is actually happening. We shall see! Considering the strength of the dollar, I don’t think the financial markets are convinced either. I’m hoping that doesn’t change, regardless of what the truth is. But, indeed, we shall see. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted September 19, 2019 Share Posted September 19, 2019 Fed has conducted a third consecutive day of repo operations. Quote Link to comment Share on other sites More sharing options...
mrbiggsly Posted September 19, 2019 Share Posted September 19, 2019 Is it time to start investing in gold seeds and women again? Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted September 24, 2019 Share Posted September 24, 2019 Another $105 billion pumped in. Quote The New York Fed continued its streak of market repurchase agreements, or repos, selling $75 billion of overnight repos and $30 billion of repos expiring in 14 days. Banks bid for $80.2 billion in overnight repos and $62 billion in 14-day repos, signaling strong demand in the government-backed investments. Quote Link to comment Share on other sites More sharing options...
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