This is insanity....
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This is insanity....
Last edited by Matt Collins; 05-08-2020 at 09:32 PM.
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"A politician will do almost anything to keep their job, even become a patriot" - Hearst
Believe it when it actually happens and the Fed's balance sheet reflects it. Until then, it's standard jawboning. FedAct 13(3) does not allow the Fed to do any such thing as buying junk bonds and definitely not ETFs of junk bonds.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
I'm aware of how they claim they will break the law (SPVs) but whether they actually do it, with corporate bonds and junk bonds at least, is the question. We have a big thread on what the Fed has been up to since December here:
http://www.ronpaulforums.com/showthr...Nobody-Noticed
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Yippppeeee@! More wealth creation!
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Carrot and stick approach by globalist neoconsetvatives funded GOPA wing seems to be paying dividend:
Trump 'Very Happy' With Fed Decision
npr
Mar 15, 2020 - Trump told reporters at the White House that he's pleased with the Federal Reserve's move to cut interest rates. He also told Americans to ...
Trump Says He Could Demote Fed Chair Powell, Risking ...
nytimes
Mar 14, 2020 - WASHINGTON — President Trump said on Saturday that he had the power to remove or demote Jerome H. Powell, the Federal Reserve chair, ...
Only question left is, which group of public enablers was smarter and what is overlap between A & B:
A- GOP (Bush-Cheney) supporters in previous decade (war on terra Greenspan stimulations that culminated in 2007-08 economic crisis) or
B- GOPA wing supporters in present time (Powell stimulation that could bring whatever debt spending peak outcome it would in time ahead)?
Bonus Q:
Would there be delay in rug pull as long as military bases in Syria/Iraq/holyland are continued to be funded by taxpayers debt holdres?
I'm off to watching movie dumb n dumber.
Last edited by enhanced_deficit; 05-10-2020 at 01:35 PM.
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