Agreed. It is important to know what was going through his mind.
Thanks for taking time to post this. Sadly, this guy is truly nuts.
I'm sure Jerome checks in with Ron Paul often for advice.;) On a more serious note the amount of ignorance re money and the gold standard here...
The first two sentences in your post seem correct. Most of what follows those sentences, however, does not. QE does not cause inflation. It is...
Modern countries will never return to a gold standard for their currencies. It's an impossibility because the price of gold can no longer be...
there is no shortage of gullible idiots in this world. People who are vaccinated die every day. Just like people who are not.
Le Sayonara. [IMG]
Of course, contrary to what some of our less informed colleagues believe, the Fed does not "give" money away. Private sector institutions can do...
The Fed follows regular accounting practices. It doesn't give away its services. However you are ignoring where Fed profits end up.
My nomination for nonsense post of the year.
This is, so far as I know, 100% correct. I was under the impression you thought the Federal Reserve was a private for profit bank. It's not....
I don't have any problem with that analysis.
I'm wondering. Is it a bit too soon to conclude much of anything about AI? But of course the Markets won't care. AI stocks are going to be the...
The Federal Reserve is NOT a private bank. As long as you think this , you will never understand our money. I'll give you an example of how...
Right! And we all know that the debt clock determines whether we have a debt or not. Just like Trump determined that Mexico would pay for the...
Yah, the first sentence is nonsense for sure. I meant something else, if only I could have said what i meant in English!. In a real democracy,...
Will do.
Let's just be patient and enjoy our realized and paper an profits. The market is likely to experience a "correction" sometime after the Fall...
:rolleyes: The Treasury is fully aware. But they are going to go on using the language you're familiar with. Otherwise you might call Yellen a...
The U.S. doesn't borrow. It is impossible for a nation to borrow in its own currency. See my posts in the economics thread if you want to know...
Separate names with a comma.