being rich enough to pay politicians to enact exemptions and “write-offs” so as to ameliorate the burden, which was quickly passed on to the middle and working classes, who could
by govt. beaurocrats- thereby doing away with much of the nations food sources? From your comment it sounds like at least some of these birds are infected with some sort of respitory distress. Also, If there truly IS an infection in bird populations in the midwest, I would not rule out...
$1.1T in excess reserves earning 0.75% (annually) works out to be ~$8.25B in interest payments to the banks. If those govt backed MBS are indeed paying more, is it just accounting/reserve requirements that prevent the banks from making the obvious decision to buy them back from the Fed?
By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Financial writer and precious metals expert Craig Hemke contends there is no mystery why the dollar is going down in value. Hemke explains, “You’ve got the Fed wanting a lower dollar. You’ve got
“raised,” where it was “harvested,” and where the meat was processed and packed. This might impact my decision on how much I’m willing to pay, or whether or not I’m even going to buy it. The Canadian and Mexican beef industries were afraid of exactly that and wanted to...
Yields solve that problem normally. The corner that is running out of liquidity will be willing to pay higher yields to attract liquidity from the corner that has excess, but the process is not instant; it can take too much time, and then something runs...
The collateral is clearly getting worse (Govt GC is sub 4% but the Avg rate at the auction is closer to 4.25% now, so clearly banks are not posting govvies) but this is something that the ECB lets the market decide. They claim they are not taking on more credit risk and there is ...
However, we still will have continue to pay high taxes and interest on existing government debts, both State and Federal. If not, then maybe we have a selective default on govt. debt which may have the effect of a devaluation of the dollar and consequently higher inflation. Then we are ...
The elephant in the room is the outstanding $34 trillion and growing govt debt. Why is this being ignored and not being treated as a serious problem? If we ignore it hopefully it will go away. Instead drunken sailor deficit spending continues and interest on outstanding debt now matches de...