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Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

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Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#131

Post by monetaryvirus »

Eliezer wrote: post #121
monetaryvirus wrote: post #115

Earlier quoted context omitted.

How is that supposed to work? I can understand if this were a normal cyclical pullback, but this isn't a normal times; there is actual economic destruction wrought by a real (non-monetary) shock to supply. In order to believe this helps, you have to imagine it happening by this mechanism: "Can you lend to our business that's not allowed to operate and probably won't pay you back?" 'lol no. ... wait, I just got off th…

Usually, destroying some of the supply, but holding the flow of money fixed, means that the remaining items will be bid up. If instead prices are falling, it means that the secondary financial effects of the real shock are exceeding the impact of the real shock itself. If the flow of money is slowing down, one should create more money to avoid worsening the real shock through financial reverberations.

If there are actual, viable ventures right now, given the new conditions, then their lenders' investment probably doesn't hinge on whether the Fed is slightly more lose with credit than the ultra-loose policy it's had for the past year.

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#132

Post by jjeaff »

Fjolsvith wrote: post #9
strict9 wrote: post #2

> 30.2% of US GDP How much further can they go? 26 million or so recent unemployment applications and the stock market is not off much from recent all time highs. This is more concerning than the initial falling knife mid-March.

Gotta tell you guys that the Fed is going to get restructured. Basically its going to declare bankruptcy and stiff the central banks to whom it is indebted. Trump is looking to nominate Judy Shelton to the Federal Reserve as she is the one who will do the restructuring. [1] How is he able to do this? “The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, usin…

Even if I didn't think that this entire prediction was completely ridiculous and not based on how our monetary system works, at all, I would still know it is total b.s. simply because it implies that Trump has some strategic master plan.

The man doesn't plan to the end of the sentence before he starts vomiting words. He's not planning a masterful takeover of our monetary system.

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#133

Post by jjeaff »

postingawayonhn wrote: post #128
mrlala wrote: post #74

Earlier quoted context omitted.

>Bingo. Would you rather have a poorly managed company hold on to their cash and spend it internally, or return it to shareholders? I think it's a bunch of bs the way you are wording this. I know these are not your words alone, it's what people say.. but it's so misleading! You say "return it to shareholders". Well, no. A dividend is returning to shareholders.. that's what a dividend is. A stock repurchase is basical…

> A stock repurchase is basically nothing more than the company buying back stock, and giving holders the option to sell theirs to the company. The point of a stock repurchase program is to decrease the number of shares on issue and therefore increase the value of each share. Theoretically share price = market cap / shares on issue.

Market cap equals share price times number of shares. But that equation can't be rearranged. Share price equals what the last person was willing to buy the stock at.

Buying back stock does raise the price. But only because it clears out the sellers that are willing to sell at lower prices and leaves the higher ask prices.

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#134

Post by Fjolsvith »

touktouk wrote: post #51
Fjolsvith wrote: post #9

Earlier quoted context omitted.

Gotta tell you guys that the Fed is going to get restructured. Basically its going to declare bankruptcy and stiff the central banks to whom it is indebted. Trump is looking to nominate Judy Shelton to the Federal Reserve as she is the one who will do the restructuring. [1] How is he able to do this? “The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, usin…

Defaulting on the debt means anyone owning treasury bonds lose their money.

Edit: The federal reserve is going to default, not the federal government. They are not the same.

The central banks don't want the US to default. They want countries who are in debt to implement austerity programs and raise taxes on citizens. If the US defaults, other countries might just get the same idea.

All these stimulus checks and forgivable small business loans are returning a little bit of the stolen money back into the pockets of Americans before the restructure. Why not withdraw all the cash from your bank accounts before filing bankruptcy?

Who's the master of bankruptcy, again?

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#135

Post by Fjolsvith »

neltnerb wrote: post #28
Fjolsvith wrote: post #9

Earlier quoted context omitted.

Gotta tell you guys that the Fed is going to get restructured. Basically its going to declare bankruptcy and stiff the central banks to whom it is indebted. Trump is looking to nominate Judy Shelton to the Federal Reserve as she is the one who will do the restructuring. [1] How is he able to do this? “The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, usin…

Why would going to a gold backed currency imply that debt would be wiped out? I can see the machiavellian reasoning for spending trillions of debt financed dollars if you know you're going to default, but I don't get how the gold standard helps. I could believe that Trump wants to do one or both, but I don't see them as connected in a coherent way.

Destroying the petro-dollar was critical to breaking the central bank rule. You can't back money with oil right now. What's the current price per barrel of oil again?

Selling off the US petroleum reserve helped force the glut of oil on the market. Trump unloaded it when oil was high, and now he's refilling the tank with super cheap crude. Heck, every tanker in the world is trying to get their oil into the US petroleum reserve right now.

What do you back money with if not gold?

You all think Trump is a bumbling idiot but you are going to feel gut punched after he's played his hand. And, he hasn't even broken suit to trump his opponent yet!

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#136

Post by Fjolsvith »

_curious_ wrote: post #24
Fjolsvith wrote: post #9

Earlier quoted context omitted.

Gotta tell you guys that the Fed is going to get restructured. Basically its going to declare bankruptcy and stiff the central banks to whom it is indebted. Trump is looking to nominate Judy Shelton to the Federal Reserve as she is the one who will do the restructuring. [1] How is he able to do this? “The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, usin…

"... With no federal debt to pay interest on, personal income taxes are going away. The whole wealth transfer mechanism of the central bank system gets cut off." "2nd Edit: Also, notice how the IRS dealine for filing and pay has been delayed, for the first time in history? Because Trump ordered it. The IRS isn't even pursuing collection actions on old taxes owed. The filing deadline is going to get moved again to the…

Don't you?

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#137

Post by Fjolsvith »

jjeaff wrote: post #132
Fjolsvith wrote: post #9

Earlier quoted context omitted.

Gotta tell you guys that the Fed is going to get restructured. Basically its going to declare bankruptcy and stiff the central banks to whom it is indebted. Trump is looking to nominate Judy Shelton to the Federal Reserve as she is the one who will do the restructuring. [1] How is he able to do this? “The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, usin…

Even if I didn't think that this entire prediction was completely ridiculous and not based on how our monetary system works, at all, I would still know it is total b.s. simply because it implies that Trump has some strategic master plan. The man doesn't plan to the end of the sentence before he starts vomiting words. He's not planning a masterful takeover of our monetary system.

No, the US military intelligence is. They realized they screwed up back when the Kennedys were assassinated. They tried to get Reagan to pull this off, but he got gun shy after his assassination attempt.

When Trump joked about running for office, the military vetted him and brought him on board.

The Patriots are returning constitutional control of the United States back to the people. They have every move by the D's and the DS planned out. They are in control.

You don't have to believe it for it to be true.

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#138

Post by Fjolsvith »

colechristensen wrote: post #45
Fjolsvith wrote: post #9

Earlier quoted context omitted.

Gotta tell you guys that the Fed is going to get restructured. Basically its going to declare bankruptcy and stiff the central banks to whom it is indebted. Trump is looking to nominate Judy Shelton to the Federal Reserve as she is the one who will do the restructuring. [1] How is he able to do this? “The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, usin…

This is not how reserve banking works, doesn't reflect how much the US pays to service it's bonds, misses the fact that the fed creates new money and loans it out, it doesn't have obligations it can default on, misses the fact that the US would have to default on its debt to erase it, misses the fact that there isn't that much gold in the world (if the us stole every oz of gold on the planet it would have to devalue…

A finite supply of Bitcoin doesn't keep it from functioning. Why would a finite supply of gold hamper a financial instrument tied to it?

Why does a private corporation not have the right to default on debt? The federal government doesn't owe any debt. The federal reserve does.

The days of the petro-dollar are numbered. The massive printing of them right now is guaranteeing it. Why would you try to peg the most common item on the planet (dollar) to the most rarest (gold)? There's going to be a new currency.

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#139

Post by touktouk »

Fjolsvith wrote: post #134
touktouk wrote: post #51

Earlier quoted context omitted.

Defaulting on the debt means anyone owning treasury bonds lose their money.

Edit: The federal reserve is going to default, not the federal government. They are not the same. The central banks don't want the US to default. They want countries who are in debt to implement austerity programs and raise taxes on citizens. If the US defaults, other countries might just get the same idea. All these stimulus checks and forgivable small business loans are returning a little bit of the stolen money ba…

The liabilities of the Fed [0] are money in circulation, reserves accounts of banks (mainly to meet requirements) and the deposits of the Treasury. Besides the fact that it is not clear why the Fed may collapse when they can create money to pay back their liabilities, I am not sure what it would mean for the Fed to default on the bills and coins in circulation (?) or to wipe out the accounts of banks when those very banks are legally bound to hold money in those accounts.

[0] https://www.federalreserve.gov/monetarypolicy/bst_recenttren...

Re: Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record

#140

Post by _curious_ »

Fjolsvith wrote: post #136
_curious_ wrote: post #24

Earlier quoted context omitted.

"... With no federal debt to pay interest on, personal income taxes are going away. The whole wealth transfer mechanism of the central bank system gets cut off." "2nd Edit: Also, notice how the IRS dealine for filing and pay has been delayed, for the first time in history? Because Trump ordered it. The IRS isn't even pursuing collection actions on old taxes owed. The filing deadline is going to get moved again to the…

Don't you?

I do not, but could be persuaded
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