The Fed is getting destroyed...massive bond losses

<img src='https://upload.wikimedia.org/wikipedia/commons/e/ef/U.S._Monetary_base.png' width=900" height="850">

 

The party has to end, eventually.

 

Looks sustainable to me................................

 

Yeah, should achieve Earth Escape Velocity soon.

 

Call reception on the Obamaphone from that altitude is great..

 

impressive graph indeed.
put a graph of worldwide GDP next to it and it won't be that shocking

 

Put a graph of the balance sheets of all central banks next to worldwide GDP and yes, it will be shocking. Next...

 

Please elaborate... I did not track with you all the way on this.

Is there no longer a money multiplier issue because we are currently pushing on a string... and banks don't want to lend because they realize many assets are propped up by the feds actions.

Are you saying we won't see inflation many classes of assets need to reprice form the previous cheap capital costs and return to typical capital costs. In other words we need to come off the juice and right now low interest rates are methadone.

Finally are we not going to see inflation in food and energy costs.

 

Don't worry, I'm sure it will take care of itself. What's on TV tonight?

 

As if the 'P' in GDP is actually reciprocal to future development in real product...U.S. especially..pfft.

Put a graph of 'official' worldwide inflation next to it - even less shocking.

Lies, damned lies, and statistics.