It ain’t political…
It ain't political, it's structural: End the Fed, impose some external budget constraint. Until then, we uniparty right off the fiscal cliff. https://t.co/0VBEMsQdef
— Peter St Onge, Ph.D. (@profstonge) April 20, 2023
Similar Posts
Fed Chair Powell Announces QE4… But “Don’t Call It QE4”
BySirhcCourtesy of ZeroHedge by Tyler Durden Tue, 10/08/2019 – 14:25 Update: Fed Chair Powell appears to have announced QE4 (but do not call it QE4!): Discussing the liquidity shortage and repo-calypse, Powell said: … While a range of factors may have contributed to these developments, it is clear that without a sufficient quantity of reserves in…
How fast will U.S. dollar sink?
BySirhcBy Patrick A. Heller According to current U.S. government projections, it will need to increase outstanding debt by $12 trillion over the next decade. That is going to be a huge problem. Such a massive increase in debt, by itself, is an indicator that the value of the U.S. dollar is destined to fall. If…
WGC Unveils Social Responsibility Report by the Gold Industry
BySirhcAccording to the report, the pandemic has had an impact on businesses across the globe. SEATTLE (Scrap Monster): The Gold Responsibility & Paramount Mission” summit held in Beijing on November 6th provides social responsibility report by the gold industry on prevention and control during times of crisis. The report, prepared jointly by the China Gold Association, Shanghai…
Gold’s ‘Freight Train’ Rally Continues With Sights Set on Record
BySirhc(Bloomberg) — Investors continue to pile into gold as prices advanced for a fifth day, moving ever closer to the all-time high reached in 2011. A weaker dollar, negative real rates, worries over the economic cost of the pandemic and flaring political tensions have both gold and silver heading for their biggest annual gain in…
Gold inches up on weaker dollar as investors focus on US inflation
BySirhcLower interest rate expectations from the Fed could cause the bullion to trend higher, analyst says 08 MAY 2023 – 07:46ASHITHA SHIVAPRASAD Bengaluru — Gold prices edged up on Monday as the dollar eased, while investors awaited a key US inflation data due this week that could influence the Federal Reserve’s monetary policy stance. Spot gold…
Fed’s Second 42-Day Repo Oversubscribed As Rising Repo Rate Confirms Year End Liquidity Rush
BySirhcZeroHedge by Tyler DurdenMon, 12/02/2019 – 08:33 One week after the Fed’s first 42-day term repo which for the first time allowed dealers to lock in funding into the new year and which was 2x oversubscribed, confirming a growing scramble for year-end funding, traders were keenly looking ahead to the result from today’s second 42-day repo…