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Re: Federal Reserve guy is not nuts

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 10 Apr 20 2:25 PM | 20 view(s)
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Msg. 35446 of 54959
(This msg. is a reply to 35442 by Gsratio)

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Same doma who was minimising the curve of the virus a few weeks ago? I'm old enough to remember when 4,000 deaths per day was the bar. We're now on 7,000.

The Federal Reserve is doing what it did during the last crash. I remember you thought that debt was impossible to service and that the value of money would crash. But the interest was under control by 2016 and there was no hyperinflation.

To that extent, there's nothing new here.

The 5,000 year figure isn't legitimate but sounds exciting.



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The above is a reply to the following message:
Re: Federal Reserve guy is not nuts
By: Gsratio
in ALEA
Fri, 10 Apr 20 12:45 PM
Msg. 35442 of 54959

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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