Rudy do you ever get tired of spotlighting corruption and deceit? There has to be something that drives you to do this - Mark Cohodes talks about what drives his relentlessness and I'm wondering what drives yours.
BlackRock Jay and the Fedsters are still digging, Rudy! More than $42BN in the first 9 days of June and it's still not enough - MBS auction went no bid on Friday!
I've seen a lot of talk on Twitter, you aren't missing much, about raising rates(i.e. demand destruction) won't fix inflation. What we need is more supply. As your counterpart, Andrew Mellon, said: "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. Purge the rottenness out of the system."
They missed a huge opportunity last week. Then they could have taken credit for the deflation this week. Now they’re back between the proverbial rock and a hard place. Larry (Lucky Louwee)
“ everything the Fed has done for most of this century has been designed to get everyone into more nonproductive debt” so true. Heh heh Druckenmiller on the NFI list anymore
No one ever said "the Fed will experiment with ZIRP and QE until the top 1% own more than the 50th to 90th percentile."
Rudy do you ever get tired of spotlighting corruption and deceit? There has to be something that drives you to do this - Mark Cohodes talks about what drives his relentlessness and I'm wondering what drives yours.
I’ll be adding that book to the summer list
BlackRock Jay and the Fedsters are still digging, Rudy! More than $42BN in the first 9 days of June and it's still not enough - MBS auction went no bid on Friday!
https://occupythefed.substack.com/p/fed-purchases-423bn-usts-and-mbs?s=w
🎯🙏again for the heads up video ….The most valuable 1 hour an investor can spend. John Collison in conversation with SAN DRUCKENMILLER
I've seen a lot of talk on Twitter, you aren't missing much, about raising rates(i.e. demand destruction) won't fix inflation. What we need is more supply. As your counterpart, Andrew Mellon, said: "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. Purge the rottenness out of the system."
Stock market and in debt are not a place to be right now. Local Banks can’t even be trusted anymore.
Hard assets; P/M, lead, Real estate, and plenty of food and water. Time to stock up.
They missed a huge opportunity last week. Then they could have taken credit for the deflation this week. Now they’re back between the proverbial rock and a hard place. Larry (Lucky Louwee)
“ everything the Fed has done for most of this century has been designed to get everyone into more nonproductive debt” so true. Heh heh Druckenmiller on the NFI list anymore