Holy Shit They Did It
Comments
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I don't know what that means but YKW.dflea said:
I get it - it's like when your buddy decides to marry the chick he's been banging and living with for 7 years. It doesn't really change much, but making it official means he probably won't be getting many blowjobs. And she'll get half of his shit when the ship finally hits the rocks.UW_Doog_Bot said:
TBF this isn't a super change from the norm. As I've said many times, the US is the world reserve currency. The difference is that this crisis has solidified it's position as that and the FED is now openly acknowledging that instead of pretending otherwise. They have now made it easy to swap treasuries for dollars to create certainty in the world market for US treasuries. The only thing is, you are going to take a .25 shaving off as a premium.dflea said:I expected more of a reaction from the Dow. Maybe the big reaction is it didn't go in the shitter again today.
It boils down to the Fed is flexing it's muscles early rather than late in this crisis.
Where else are people going to put their money now? Euros? Rubles? RMB? Oil? Bitcoin? Lol.
Barring the American people voting for a socialist(could happen) the US should be the world reserve currency for another twenty years at least after this.
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You loathe America’s forefathers and want to kill whitey for keeping you down first at Jiffy Lube and now at Orkin. And yet you love patriotic displays of American military dominance.Swaye said:
Finally, something I can understand.Pitchfork51 said:
As a drunken frat boy from a middling institution who majored in finance.....Swaye said:I still don't get it. Going to need to really spell this out for the dumb red.
USA rules.
You’re a complicated man, my injun fren -
Do you guys still consider triggered, meltdown, unhinged an insult?
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From my Warhoop Dictionary:Swaye said:
EVEN A DUMMY LIKE ME UNDERSTOOD THAT. Caps lock is cruise control for cool.YellowSnow said:
We just burned their wagons and raped some of their women
HTH -
if I understood any of this I would say this thread delivers.
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What man doesn't Sha-Wingggg at military dominance?DerekJohnson said:
You loathe America’s forefathers and want to kill whitey for keeping you down first at Jiffy Lube and now at Orkin. And yet you love patriotic displays of American military dominance.Swaye said:
Finally, something I can understand.Pitchfork51 said:
As a drunken frat boy from a middling institution who majored in finance.....Swaye said:I still don't get it. Going to need to really spell this out for the dumb red.
USA rules.
You’re a complicated man, my injun fren
@Swaye may be Injun, but he's still got functioning junk. -
@UW_Doog_Bot where we're you back on the 29th when I needed you.
https://hardcorehusky.com/discussion/70407/federal-reserve-is-now-being-nationalized-and-merged-into-the-treasury-smarts-please-explain#latest
My bidness degree is as shitty as Bitchfork's being WAC schools and such. I have searched the Internet looking for GOOD explinations about this but they aren't there. I have heard in the conspiracy theory chambers that Trump is wanting, or did, break up the central banking system. I think you said this has nothing to do with Trump? Confused. And if true, I can't wrap my head around how it's possible. Also hearing Trump wants to pile shitloads of debt on the fed then bankrupt it? Is this even possible? I understand this even less outside of the fact that the fed can easily take on more dept because it has access to financial instruments previously only available to the Treasury.
Little to nothing about this on the financial shows the past couple of days. It's like no one wants to touch it and it's a YUGE event. This much I know. Is it because no one can understand it including the people we expect to explain it?
Please keep explaining! -
Bitchfork's degree is more valuable than yours. Hth.89ute said:@UW_Doog_Bot where we're you back on the 29th when I needed you.
https://hardcorehusky.com/discussion/70407/federal-reserve-is-now-being-nationalized-and-merged-into-the-treasury-smarts-please-explain#latest
My bidness degree is as shitty as Bitchfork's being WAC schools and such. I have searched the Internet looking for GOOD explinations about this but they aren't there. I have heard in the conspiracy theory chambers that Trump is wanting, or did, break up the central banking system. I think you said this has nothing to do with Trump? Confused. And if true, I can't wrap my head around how it's possible. Also hearing Trump wants to pile shitloads of debt on the fed then bankrupt it? Is this even possible? I understand this even less outside of the fact that the fed can easily take on more dept because it has access to financial instruments previously only available to the Treasury.
Little to nothing about this on the financial shows the past couple of days. It's like no one wants to touch it and it's a YUGE event. This much I know. Is it because no one can understand it including the people we expect to explain it?
Please keep explaining! -
The fed purchasing treasury bonds isn't new or something to be alarmed at. It's simply the scale at which it's currently being done.89ute said:@UW_Doog_Bot where we're you back on the 29th when I needed you.
https://hardcorehusky.com/discussion/70407/federal-reserve-is-now-being-nationalized-and-merged-into-the-treasury-smarts-please-explain#latest
My bidness degree is as shitty as Bitchfork's being WAC schools and such. I have searched the Internet looking for GOOD explinations about this but they aren't there. I have heard in the conspiracy theory chambers that Trump is wanting, or did, break up the central banking system. I think you said this has nothing to do with Trump? Confused. And if true, I can't wrap my head around how it's possible. Also hearing Trump wants to pile shitloads of debt on the fed then bankrupt it? Is this even possible? I understand this even less outside of the fact that the fed can easily take on more dept because it has access to financial instruments previously only available to the Treasury.
Little to nothing about this on the financial shows the past couple of days. It's like no one wants to touch it and it's a YUGE event. This much I know. Is it because no one can understand it including the people we expect to explain it?
Please keep explaining!
Conspiracy theories shouting about the Petro dollar are hilarious but lack fundamental understanding of markets.
Like I said, I'll try to find some accessible material that explains a lot of this. Domestic market vs. International market consequences are also going to be different.
As you said, there's also a whole shit load of "we aren't totally sure how this is all going to work" but more to the point if it doesn't or if the fed just stood still we are all fucked anyway.
