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Look at all that money patiently waiting for a miracle to occur.
This post inspired by the comments of Luke Smith which can be found here.
Source Data:
St. Louis Fed: Custom Chart
November 22nd COVID Update: COVID in Wastewater Continues to Decline
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[image: Mortgage Rates]Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
For deaths, I'm currently using 4 weeks ago for ...
3 hours ago
5 comments:
Oh, I see. Money is the "route" of all evil......not the "root".
I don't think the "e"asing makes much of a difference. As I see it, QE is a roundabout way of lowering interest rates.
I've yet to see one msm "expert" convey an actual understanding of QE and monetary policy. Ignorance or willful deceit? Perhaps both.
At this point, the sheeple are so brainwashed about QE, they wouldn't accept the truth even if they heard it. Mission accomplished.
Darn it! My comment above was supposed to be in the "source base" post.
mab,
I don't think the "e"asing makes much of a difference.
Deep down, I really don't either.
I never bought a single long-term TIPS bond based on what I thought the Fed would or would not do.
I bought them because I thought, to put it bluntly, that the economy would suck and would continue to suck over the long-term.
Oh yeah, and I also did it in sharp defiance of candy mountain ivory tower experts. There's that too I suppose. ;)
Mission accomplished.
Indeed.
that the economy would suck and would continue to suck over the long-term.
Yep. From my point of view, we have an epic management problem. CONgress is full on whores, one and all. For decades, CONgress actively advanced the aims of the wealth extractors. Duplicitous narratives were given Gov't support.
The wealth extractors and debt pushers are in control. Sadly, I don't see things changing for the better.
With all that America has going for it (natural resources, abundant food, unthreatening neighbors, moats on two sides aka oceans, technology, infrastructure, capital, available labor, available land, water, the world's reserve currency, etc.) there's just no need for all this financial misery and debt impoverishment. And yet, here we are.
Parasites never willingly release their grip. Fish gotta swim.
mab,
End the Illusion: Successful parasites do not kill their hosts
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