The Fed — For Dummies

[Foxx]

7 minutes ago, Crap Throwing Monkey said:

 

And it's not much of a thought experiment, either, considering that nationalizing private deposits through the central bank as part of fiscal policy was tried by the Nazis.

Yes, perhaps. But like all previous attempts at socialism, this time they'll do it right.

[Crap Throwing Clavin]

1 minute ago, Foxx said:

Yes, perhaps. But like all previous attempts at socialism, this time they'll do it right.

 

The problem with socialism is that there's No True Scotsman.

[Foxx]

On 11/13/2021 at 6:01 PM, Foxx said:

Well, there is this...

https://twitter.com/TrumpJew2/status/1459213417764556812

 

 

Note the narrative of the Tweet.

https://twitter.com/nytimes/status/1468384862537191428

 

[Billsandhorns]

1 hour ago, Foxx said:

 

Note the narrative of the Tweet.

https://twitter.com/nytimes/status/1468384862537191428

 

how dare people call her on her own writings !!

[GG1]

19 hours ago, Foxx said:

 

Note the narrative of the Tweet.

https://twitter.com/nytimes/status/1468384862537191428

 

 

If you poll everyone born in the USSR who are now in the USA, about 90% of them will also say she's a Communist.

[Crap Throwing Clavin]

19 hours ago, Foxx said:

 

Note the narrative of the Tweet.

https://twitter.com/nytimes/status/1468384862537191428

 

 

"Because she was born in the Soviet Union."

 

Yeah...I've read some of her papers.  She'd be a socialist regardless of country of origin.

[Foxx]

A good 16 minute+ listen.

 

Perspective.

 

[Foxx]

Tapering, yeah, right.

 

[Foxx]

QE officially ends today.

 

[Foxx]

50bps, 75bps or 100bps, Wednesday?

[Uncle Joe]

My guess is 75.

[Nouseforaname]

19 hours ago, Uncle Joe said:

My guess is 75.

We have a winner.

[Foxx]

Another 75bps today?

[Uncle Joe]

3 hours ago, Foxx said:

Another 75bps today?

Bite the bullet, 1bps.
My guess 75bps.

[SackMan518]

On 2/16/2021 at 5:36 PM, The_Dude said:

ive started reading The Creature from Jekyll Island. I haven’t finished and it’ll take me a while to work through. 

Great book, also read "Web of Debt" by Ellen Hodgson Brown if you're looking for one a little more easily digestible.

[Foxx]

End the FED.

 

[Foxx]

With today's CPI report, any bets on whether or not the FED will raise it's gamble to 100bps at the next meeting?

[Nouseforaname]

49 minutes ago, Foxx said:

With today's CPI report, any bets on whether or not the FED will raise it's gamble to 100bps at the next meeting?

The market is up which means traders think that they will proceed with the expected course of 75.

[Foxx]

48 minutes ago, Nouseforaname said:

The market is up which means traders think that they will proceed with the expected course of 75.

Or...

 

[Nouseforaname]

26 minutes ago, Foxx said:

Or...

 

 

Personally I think that even if inflation is still persisting they will stick to the current hike and maybe higher it more for the next one.