Homepage
PR Newswire
21-10-2018, 07:59 PM
(20-10-2018, 04:38 PM)CY09 Wrote: The fed in my opinion is still quite accommodative. If it really wants to tighten liquidity, the easiest way would be to quicken its balance sheet reduction rate. At the moment, it is reducing it by US 50 billion per month. With a balance sheet of US$ 4.2 trillion, its going to take awfully slow to reduce it to pre-crisis level of below 1 trillion.
I will tell Trump ok I wont increase interest rates but i will double the de-leveraging rate from US$50 billlion to US $100 billion per month.
3 trillion is a lot of qe money swimming around in the system causing low productivity growth and low wage growth. Take this away and we will have another gfc.
Imho the current inflation in usa is a result of a start of a hyperinflationary environment. The result of massive monetary stimulus was supposed to be hyperinflation, but so far that has not happened which i deem is due to a really sluggish economy. The jobs numbers may looked good,but they dont account for all those people out of workforce, out of unemployment benefit system and given up looking for work.
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com