Wow, Wow, Wow! I just read the number ‘quadrillion’ in a serious context for the first time. I don’t even know how many zeros that requires. Even though 4 quadrillion is a big number, I would have thought our ‘ecosystem’ would be more along the Mastercard line, i.e., priceless. I joked with Matt Stoller that Clinton is behind every bad deregulation decision ever made and now I am thinking Harvard is involved in every sneaky subversive domestic and foregin policy action. And friggin Jared Kushner and Larry Summers were bad enough for that University’s reputation. That interview with Douglas Valentine - just wow. I hated Trump, but clearly not as much as the elites - he always said the quiet part out loud. Deep State.
The lack of balance sheet runoff is due to the reduction in mortgage prepayment which itself is due to less refinance activity, which itself is due to higher rates. So Fed wrongly assumed prepayment activity would remain stable despite higher rates.
Hi Rudy. I am glad you’re back on Tw[a]tter, but please keep doing these long format versions as It is so helpful seeing all your work / ideas in one place and it is so easy to follow your work, having it delivered each day. Cheers john.
Was surprised of them unsuspending you - maybe Paraga needs traffic now or Jerome Powell w/ Boris Johnson are looking for the actual critique and advice, and there's no one like you...
Interestingly, w/ only hours away they suspended Jesse Matchey, whose account has been locked since January - you know, blackhawk pilot who tweeted and shedding a light on Ghislaine, Epstein, the conspiracy of them being involved in the Fourth Industrial Revolution, CRISPR, COVID, Transhumanism, China's One Belt One Road, Rockefellers, Rothschilds New World Order and such.
I'm still thinking a lot on the Military's statement in 1960s on the ionosphere - that is unpredictable, unreliable, so must be either destroyed or get under total control (found in "Angels Don't Play With This HAARP") - ionosphere is an "electric shield" that protects the Earth, in which geomagnetic storms occur as a response to the Sun's explosion and what affects the weather; after what we got things like satellites and HAARP, ionospheric heaters - coincidentally, ozone layer is collapsing, permafrost disappearing and hellish prolong heatwaves occur for some reason. I blame cows!
The only reason I'm unsuspended is because someone who likes me reached out to someone over there. e.g., Jack followed me but apparently didn't do anything, even though people who know Jack mentioned it. I'm on thin ice.
I still do not consent and don't comply, and if anything, only one more "strike" away from the entire suspension (funny how no more reports followed after the lock). Probably will follow Jesse's fate as well, but who cares. Less data for Shadow Government to share in open for them to terror me with later, haha.
"The entire conservation sector globally has now bought into these policies of financialization."
- they are all in on the grift, so ....
Twitter? Never heard of it?
Wow, Wow, Wow! I just read the number ‘quadrillion’ in a serious context for the first time. I don’t even know how many zeros that requires. Even though 4 quadrillion is a big number, I would have thought our ‘ecosystem’ would be more along the Mastercard line, i.e., priceless. I joked with Matt Stoller that Clinton is behind every bad deregulation decision ever made and now I am thinking Harvard is involved in every sneaky subversive domestic and foregin policy action. And friggin Jared Kushner and Larry Summers were bad enough for that University’s reputation. That interview with Douglas Valentine - just wow. I hated Trump, but clearly not as much as the elites - he always said the quiet part out loud. Deep State.
Good summary.
I have to admit, as much as I like the immediacy of Twitter, I think this suits your style better
The lack of balance sheet runoff is due to the reduction in mortgage prepayment which itself is due to less refinance activity, which itself is due to higher rates. So Fed wrongly assumed prepayment activity would remain stable despite higher rates.
Now do Treasuries.
The treasury general account will never be run off. Their only chance at runoff is the MBS holdings
So they're lying. :)
Enjoying longform Rudy but also glad you are back on Twitter--too many good comments on longform to like each
Hi Rudy. I am glad you’re back on Tw[a]tter, but please keep doing these long format versions as It is so helpful seeing all your work / ideas in one place and it is so easy to follow your work, having it delivered each day. Cheers john.
I agree. The long format suits Rudy’s writing/thoughts really well. I always come here to read as well.
Thank you
Banks paying fines for bad behavior = cost of doing business. Great post as usual.
Was surprised of them unsuspending you - maybe Paraga needs traffic now or Jerome Powell w/ Boris Johnson are looking for the actual critique and advice, and there's no one like you...
Interestingly, w/ only hours away they suspended Jesse Matchey, whose account has been locked since January - you know, blackhawk pilot who tweeted and shedding a light on Ghislaine, Epstein, the conspiracy of them being involved in the Fourth Industrial Revolution, CRISPR, COVID, Transhumanism, China's One Belt One Road, Rockefellers, Rothschilds New World Order and such.
I'm still thinking a lot on the Military's statement in 1960s on the ionosphere - that is unpredictable, unreliable, so must be either destroyed or get under total control (found in "Angels Don't Play With This HAARP") - ionosphere is an "electric shield" that protects the Earth, in which geomagnetic storms occur as a response to the Sun's explosion and what affects the weather; after what we got things like satellites and HAARP, ionospheric heaters - coincidentally, ozone layer is collapsing, permafrost disappearing and hellish prolong heatwaves occur for some reason. I blame cows!
I know Jesse. He's suspended again?
The only reason I'm unsuspended is because someone who likes me reached out to someone over there. e.g., Jack followed me but apparently didn't do anything, even though people who know Jack mentioned it. I'm on thin ice.
He was locked w/ the demands to remove tweets - so much free speech... But somehow the decision has been flipped to the suspension.
https://t.me/JesseMatchey/945
"I'm on thin ice" - yeah...
I still do not consent and don't comply, and if anything, only one more "strike" away from the entire suspension (funny how no more reports followed after the lock). Probably will follow Jesse's fate as well, but who cares. Less data for Shadow Government to share in open for them to terror me with later, haha.
PS we used to follow each other on twitter before i was disappeared.
Welcome
Good job Rudy.