The Fed

heydaralon
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Re: The Fed

Post by heydaralon » Sat Mar 14, 2020 3:31 pm

Fife has told me in confidence that he has a poster of Paul Krugman hanging in his bedroom+an autographed baseball glove from Keynes in his safe.
Shikata ga nai

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Fife
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Re: The Fed

Post by Fife » Sun Mar 15, 2020 6:15 am

Keynes was a slick second baseman back in the day. He learned a lot from those sticky wickets and grass drills back at Eton.

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SuburbanFarmer
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Re: The Fed

Post by SuburbanFarmer » Sun Mar 15, 2020 2:48 pm

Interest rates zero. Bank reserve requirements zero.

The US dollar is done. Get some skills and get some food.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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pineapplemike
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Re: The Fed

Post by pineapplemike » Sun Mar 15, 2020 3:26 pm

BBRRRRRRRRRRRRRRRRRRRRRR

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TheReal_ND
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Re: The Fed

Post by TheReal_ND » Sun Mar 15, 2020 4:17 pm

They will go negative soon. That brrrrr sound is going to be accompanied by a big whooshing sound out of your checking account.

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Montegriffo
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Re: The Fed

Post by Montegriffo » Sun Mar 15, 2020 5:00 pm

TheReal_ND wrote:
Sun Mar 15, 2020 4:17 pm
They will go negative soon. That brrrrr sound is going to be accompanied by a big whooshing sound out of your checking account.
What happens when your overdraft limit is maxed out? Will the bank have to pay me for holding on to their money?
For legal reasons, we are not threatening to destroy U.S. government property with our glorious medieval siege engine. But if we wanted to, we could. But we won’t. But we could.
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TheReal_ND
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Re: The Fed

Post by TheReal_ND » Sun Mar 15, 2020 5:01 pm

Hm

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Montegriffo
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Re: The Fed

Post by Montegriffo » Sun Mar 15, 2020 5:02 pm

It's only fair.
For legal reasons, we are not threatening to destroy U.S. government property with our glorious medieval siege engine. But if we wanted to, we could. But we won’t. But we could.
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SuburbanFarmer
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Location: Ohio

Re: The Fed

Post by SuburbanFarmer » Sun Mar 15, 2020 5:47 pm

Montegriffo wrote:
Sun Mar 15, 2020 5:00 pm
TheReal_ND wrote:
Sun Mar 15, 2020 4:17 pm
They will go negative soon. That brrrrr sound is going to be accompanied by a big whooshing sound out of your checking account.
What happens when your overdraft limit is maxed out? Will the bank have to pay me for holding on to their money?
482E0905-F50A-4FD6-9856-8ADD2964242A.gif
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SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

heydaralon
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Re: The Fed

Post by heydaralon » Sat Mar 21, 2020 8:24 pm

I don't get why they don't just print enough money for everyone to create a paper mache' cast with bills and elmer's glue that covers their entire body. The virus could never penetrate through that, not even with gamma radiation which is not even something the virus could get its hands on, even on the international black market.
Shikata ga nai