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Link Posted: 12/19/2018 8:37:18 PM EST
[#1]
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I don't think it is equities.  I believe it was government bonds and MBS.

If they dump them, it should effectively raise rates.  Being fixed coupon.   And yeah, they might lose money.  But that may also have something to do with the timing - dump them before rates rise further, in order to realize more money from them.
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Yes, the Fed didn't sell one QE asset during the Obama presidency.  So far this year, they have dumped 10 percent of the QE-acquired assets on the market.  
Dumping equities into a down market. That strategy sounds foolproof.
I don't think it is equities.  I believe it was government bonds and MBS.

If they dump them, it should effectively raise rates.  Being fixed coupon.   And yeah, they might lose money.  But that may also have something to do with the timing - dump them before rates rise further, in order to realize more money from them.
The Fed makes up money at will... they care not about the value of the dollar, only the ability to utilize it as a political weapon and to acquire hard assets
Link Posted: 12/19/2018 8:40:41 PM EST
[#2]
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Kinda my point, and they're bereft of Congressional oversight.

I don't like central banks.

What really bakes my noodle is whether we'd be better or worse off WITH government oversight.
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I get the general, broad concepts. I also completely understand how unhealthy 0% interest rates are.

I bitched about those too.

I just don't like the Federal Reserve. Whatever they do. It's kinda a ridiculous concept.
When, exactly, has the fed ever made GOOD decisions?
Kinda my point, and they're bereft of Congressional oversight.

I don't like central banks.

What really bakes my noodle is whether we'd be better or worse off WITH government oversight.


In the year of 2000 there were seven countries without a Rothschild owned or controlled Central Bank:

Afghanistan
Iraq
Sudan
Libya
Cuba
North Korea
Iran

If we didn’t have a central bank we’d probably have “freedom” introduced to us via military conquest.
Link Posted: 12/19/2018 8:40:41 PM EST
[#3]
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Came in to say this. Jugears had the media Federal Reserve and just about everyone else in his pocket. Quite the arsenal to ruin a great country and did quite the job of it.
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yep,

can't have Trump be successful, so got to raise interest rates to kill the economy

edit - feds kept the interest rate at zero to an effective negative interest rate during obama's term, to protect him and hide the recession while bho was in office.

now, they got to raise it through the roof to kill Trump's successful one, where everyone is making money
Came in to say this. Jugears had the media Federal Reserve and just about everyone else in his pocket. Quite the arsenal to ruin a great country and did quite the job of it.
And the FBI and IRS and CIA and ............
Link Posted: 12/19/2018 8:43:19 PM EST
[#4]
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Quoted:


In the year of 2000 there were seven countries without a Rothschild owned or controlled Central Bank:

Afghanistan
Iraq
Sudan
Libya
Cuba
North Korea
Iran

If we didn’t have a central bank we’d probably have “freedom” introduced to us via military conquest.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:

I get the general, broad concepts. I also completely understand how unhealthy 0% interest rates are.

I bitched about those too.

I just don't like the Federal Reserve. Whatever they do. It's kinda a ridiculous concept.
When, exactly, has the fed ever made GOOD decisions?
Kinda my point, and they're bereft of Congressional oversight.

I don't like central banks.

What really bakes my noodle is whether we'd be better or worse off WITH government oversight.


In the year of 2000 there were seven countries without a Rothschild owned or controlled Central Bank:

Afghanistan
Iraq
Sudan
Libya
Cuba
North Korea
Iran

If we didn’t have a central bank we’d probably have “freedom” introduced to us via military conquest.
Even without Rothschild conspiracy theories, it's an interesting thought experiment if a central bank (which I don't trust or agree with) would be better off independent and lacking oversight, or worse because it's subject to the whims of a society with universal suffrage.
Link Posted: 12/19/2018 9:27:14 PM EST
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

I get the general, broad concepts. I also completely understand how unhealthy 0% interest rates are.

I bitched about those too.

I just don't like the Federal Reserve. Whatever they do. It's kinda a ridiculous concept.
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You're not down with digital alchemy......which is what all FIAT currencies are.

As much as I am not a fan either, the current US monetary system based on the MBS and the setting of fixed interest rates by a central bank is what allowed until 2008, such a large percentage of the American population to own a home.

This is the cornerstone of the American economy and is the number one most significant aspect that makes the American economy more successful than any other modern economy.

Many western countries don't even have fixed rate mortgages and require WAY higher down payments.  Think about how many Americans that would keep off property ladder.

The best description of the FED:  "It's the FED's job to take the punchbowl away when the party's really getting started."  I forget which former chairman that is credited to.

That there have been slow and steady interest rate hikes with the Trump administration shouldn't be a shock to anyone paying attention.  The economy seems to be making some slow progress out of the stagnation of the post 2008 crash.

With interest rates at basically 0 for almost the whole of the last administration, any forward economic progress, little though it has been, is going to be accompanied by interest rate hikes, that's just how the system works.

As much as some might like to paint this as a conspiracy against Trump by the deep state, and don't get me wrong there is a massive one, this is just central banking 101 in action.

If you feel there has been a slight economic improvement under Trump, then the actions of the FED are just SOP.

Part of the reason the FED didn't raise rates on the last administration is that it rode interest rate drops into the ground and the economy, just stagnated in the wake of the crash.  The new normal had arrived.

For the record, please don't use the DOW or S&P 500 as a barometer on the health of the US economy, the post 2008 QE addicted economy is not the same as the economy of anything previously.

What matters is the level of disposable income middle America has.  Take a look at those numbers in the mid-1990s vs. today.  Basically everything has almost doubled in price, corporate salaries are the same.  Now compare the DOW in the mid-1990s vs. now.
Link Posted: 12/19/2018 9:28:38 PM EST
[#6]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
yep,

can't have Trump be successful, so got to raise interest rates to kill the economy

edit - feds kept the interest rate at zero to an effective negative interest rate during obama's term, to protect him and hide the recession while bho was in office.

now, they got to raise it through the roof to kill Trump's successful one, where everyone is making money
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well only the Fed and their clubmates can make money... you know the rules.

now pick up that can citizen!
Link Posted: 12/19/2018 9:30:55 PM EST
[#7]
Fuck the fucking fed. Let’s get a gold standard bitch up in here. Murica.
Link Posted: 12/19/2018 9:56:04 PM EST
[#8]
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Fuck the fucking fed. Let’s get a gold standard bitch up in here. Murica.
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That cost Ghadafi his life and his country
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