link: http://ift.tt/1OylaLV
Hot And Trending...
Trending
- #janetYellen says a haircut on U.S. treasuries would be a disaster, but sees no problem on imposing an even larger haircut on U.S. dollars!
- How can the Fed's rase rates, when its stated criteria for doing so, participation and involuntary part-time employment, are getting worse?
- With a trade war on the horizon, China, Japan, and others could even go a step further and start dumping US debt on the market. That means bond prices will tank even faster and yields will increase. That's bad news! http://bit.ly/2Hepdkk
- Trying to write a very concise explanation of what the Fed does when it engages in QE. Help appreciated
- Fed stuck between a rock and a hard place about upcoming meetings. Learn about it in this week’s Fed Up Friday: https://t.co/jdHrYJEEwK
- The government wants to check my cat
- Included in the box of my father's effects that the Federal Prison System sent me were over a hundred letters belonging to another inmate!
- Any investment advice besides "buy gold bars"?
- Everyone is supporting Rand, right?
- When the next recession hits, the Fed will cancel plans for tightening, & it may even throw in a few bailouts. http://bit.ly/2iM0oFA
Thursday, December 17, 2015
Should the Austrians appropriate the term "trickle-down"?
Central banks that inflate redistribute wealth in society, steal the purchasing power from those holding the money, the central bank gains the purchasing power and then it trickles down to the government, commercial banks and big corporations.