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Re: Federal Reserve guy is not nuts

By: Gsratio in ALEA | Recommend this post (0)
Fri, 10 Apr 20 12:45 PM | 16 view(s)
Boardmark this board | The Trust Matrix

Msg. 35442 of 54959
(This msg. is a reply to 35439 by Cactus Flower)
Jump:

Glad you see it that way,Trump will now use this
attractive,angelic tool to print the Trillions
he needs to prop up Everything for his reelection.

As for the virus ,you are aware that we are in
phase one,that phase two could be the most deadly at possibly 5 times that of phase one & then phase 3 being twice that of phase 1....according to JPM.

A Fed Balance sheet of over 10 Trillion & national
debt over 30 Trillion by year end is not Evil,tax
payers should rejoice.....they can't wait until
the 5000 year historic low in interest rates starts to rise!

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The above is a reply to the following message:

Re: Federal Reserve guy is not nuts
By: Cactus Flower in ALEA
Fri, 10 Apr 20 12:19 PM

Msg. 35439 of 54959

Debt is not evil. It's a tool. It's an attractive tool when interest rates are extremely low. Great time to build the next Hoover Dam and any other project for which the return is greater than the rate of interest.

Once the virus is under control, I'm hoping a new government will deliver a whole lot of renewable energy. The benefit will last for the entirety of human history. And pay whatever the negligible interest is.

Plenty of labour available.

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