Oldestyle
Diamond Member
With all due respect, Jack...you're "all in" for an Administration that can't seem to make ANYTHING work!Because none of them have the slightest clue about how things actually work.
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With all due respect, Jack...you're "all in" for an Administration that can't seem to make ANYTHING work!Because none of them have the slightest clue about how things actually work.
Because QE is stated by the FED and numerous research papers to not be inflationary in and of itself. Don't believe me? Just look at gold prices from 2010 to 2019 when most of QE happened.Why didn't you mention the massive Fed QE during your orange demigod's reign?
Why didn't you mention how your demigod begged the Fed for MORE QE?
Why didn't you mention how the NY Fed saved your demigod's ass with another $2 trillion to unfreeze short term credit markets in 2019?
Ignorant, arrogant Trumpster. <flick>
They know what they're told in their universe. That's it.Because none of them have the slightest clue about how things actually work.
Meaning what?Why didn't you mention the massive Fed QE during your orange demigod's reign?
Why didn't you mention how your demigod begged the Fed for MORE QE?
Why didn't you mention how the NY Fed saved your demigod's ass with another $2 trillion to unfreeze short term credit markets in 2019?
Ignorant, arrogant Trumpster. <flick>
It's my profession, boy.Because QE is stated by the FED and numerous research papers to not be inflationary in and of itself. Don't believe me? Just look at gold prices from 2010 to 2019 when most of QE happened.
So how about you learn what you're talking about?
The short term credit markets (what does that even mean?) were frozen...by which you mean the REPO market...
Because the world was transitioning from LIBOR to SOFR for the first time and the REPO market was WAAAAY to small to handle it.
But you don't know anything.
Yet you prove that you're so ignorant about your profession. I guess you're the mailboy at JPM or something and think that qualifies you to speak about such adult matters.It's my profession, boy.
You are nothing. Sorry.