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Tombstone Generator
You have no chance to survive make your time.
Source Data:
St. Louis Fed: St. Louis Source Base
Monday: New Home Sales
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Weekend:
• Schedule for Week of December 22, 2024
• Ten Economic Questions for 2025
Monday:
• At 8:30 AM ET,*Chicago Fed National Activity Index* for Novem...
4 hours ago
7 comments:
Fed Seen Pumping Up Assets to $4 Trillion in New Buying
A trillion here, a trillion there, pretty soon we'll be talking real money.
Not to worry. That $2.5T is just sitting on bank balance sheets backed by the pledges of book value assets. They can unwind the transaction with a few keystrokes whenever they want.
What is the "real" money of which you speak?
Rob Dawg,
Me worry?
Mr Slippery,
What is the "real" money of which you speak?
I'm going to go with "pieces of bronze shaped like cattle", but I could be talked into "25 percent linen and 75 percent cotton paper". I guess it all depends on what I could use to pay my bills. ;)
Dammit! Where's my dry snark sarcasm post of the year award?
Rob Dawg,
Oh man! I didn't want to ruin the surprise.
If you must know, The Dry Snark Sarcasm Post Award for 2012 is currently being meticulously manufactured in your honor.
It starts with a pristine shipment of outgoing paper products manufactured in the United States. Upon entry through the Port of Shanghai, the material is inspected for water damage and then shipped off to a premium manufacturing plant just out of Hangzhou ("paradise on the earth").
A wise elderly craftsman inside the Lingyin Temple, under complete secrecy of course, transforms the material into a paper mache statue of the crafter's choice.
This year, the crafter has chosen to place a likeness of Ben Bernanke atop a steaming heap of dog @#$%. It's UL-listed and uses regular tap water to create the steaming effect.
I think you will be very pleased once it arrives in your mailbox, assuming the Postal Service is still in business at the time of delivery of course.
The award will only cost you $19.99 plus processing and handling. If you call within the next 10 minutes we will ship you a second award absolutely free*.
* Just pay separate processing and handling. Limit 500 free awards per household.
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