The Fed
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heydaralon
- Posts: 7571
- Joined: Thu Mar 16, 2017 7:54 pm
Re: The Fed
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
- Posts: 15157
- Joined: Wed Nov 30, 2016 9:47 am
Re: The Fed
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
- Posts: 25400
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Re: The Fed
Interest rates zero. Bank reserve requirements zero.
The US dollar is done. Get some skills and get some food.
The US dollar is done. Get some skills and get some food.
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TheReal_ND
- Posts: 26048
- Joined: Wed Nov 30, 2016 6:23 pm
Re: The Fed
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
- Posts: 18784
- Joined: Wed Nov 30, 2016 7:14 am
Re: The Fed
What happens when your overdraft limit is maxed out? Will the bank have to pay me for holding on to their money?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.
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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Montegriffo
- Posts: 18784
- Joined: Wed Nov 30, 2016 7:14 am
Re: The Fed
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
- Posts: 25400
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Re: The Fed
Montegriffo wrote: Sun Mar 15, 2020 5:00 pmWhat happens when your overdraft limit is maxed out? Will the bank have to pay me for holding on to their money?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.
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heydaralon
- Posts: 7571
- Joined: Thu Mar 16, 2017 7:54 pm
Re: The Fed
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