GOLD 0.51% $1,391.7 gold futures

Got no idea max fed thought two direct operations would do it...

  1. 13,021 Posts.
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    Got no idea max

    fed thought two direct operations would do it

    then they saw rates would jack front end of the curve and it wasn’t enough so extended it a week and announced more duration loans.

    mone or two weeks at 3 percent ( it was spiking way higher) would result
    In major major problems

    then it moved to a month program- then two- then Extended to 15 Jan- now apparently till April to help with tax payments.

    no one really knows I guess

    the first bank bailout known as Bank stabilization act was 700 bln- you see that come in on the fed balance sheet in 2008 as it goes off zero balance - aig- Fannie Freddie etc all reported as repaid- but the balance never fell back- infact we know there was Taft- twist- bond buying- qe - qe light-

    it only came down when bernanke signalled a taper and fed signalled rate rises

    so from zero to 4.5 t to 3.7 and last year market rates demanded higher fees-/ interest and the fed has since stepped back in to control the front end of the curve and stop the curve inversion

    where does. It stop?- I think only when someone challenges politically and says who is going to pay - what do we own- how did you get approval for first 700 but no other approval to get us to 4 plus trillion

    so I guess maybe never- or until people change in Oval Office and fed- gravy flowing with leverage provided by the people, I mean fed

    who knows, insanity can go for a long time- people love buying stocks in oz with little to no yield because no one sees risk when the fed is flossing money into the system to anyone who wants it at present

    worst case - if anything goes wrong greata and her generation can pay for it via mass tax increases, trump and fed ppl will be long gone
 
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