1. CFC used BAC to access fed funds window? Huh? There's so much shit in that statement I can't even see clear to correct it. 2. BAC was...
The world can usefully be divided into two categories: those who read The Economist, and those who do not. Re: bearishness. I don't really...
Look, I'm all for letting things fail. If you don't see that it's completely irrelevant to what I'm saying, I'm just wasting my time. In fact,...
Algorithm: I hope you're right. So far, I think the guy's a clown.
You assclown, I trade my own money in the same shit as everyone else, from home, every day. My USD are getting punished the same as everyone...
Gears: Interbank lending market. Almost totally dependent on trust. Sand: The current culture of fear and distrust. If the interbank...
1. Of course the Fed should be abolished. But that's not an option on the table, as far as I can see. 2. The issues with the Fed adding...
Sure, but it's not like it operates in a vacuum. Every morning funds open tight because European banks are scrambling for funding. And I'm...
Trefoil, then why leave the discount rate premium at 50 bps? They could have cut to 25 over and then moved it back on 1/30. Such a layup move, imo.
I'll let the fact that you used Hungary, China, and the Czech Republic to make your case speak for itself.
What inflation? For most finished goods, producers can't pass through price increases because others will bite the bullet. You think Chinese...
If you don't see that rates need to be much lower, you're either clueless or not paying attention. It has *nothing* to do with saving asset...
The discount window is where banks can borrow directly from the Fed; as of today they can borrow at 4.75%, with the target for *interbank* lending...
Fed funds futures settlement is based on calendar days. Weekends and holidays use the most recent day's rate. The basic 3x2 analysis is...
HAHAHAHAHAHAHAHAHAHA *inhale* LOLOLOLOLOLOL O M F G You shouldn't be allowed to participate in the capital markets.
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