|
|
Precious Metals
|
|
||
Re: Statement Regarding Repurchase Operations December 12, 2019 >>>My comment - I guess it takes $500 Billion of liquidity injections within a 30 day period "to mitigate the risk of money market pressures that could adversely affect policy implementation."<<< ZH put up the following article WRT to your comment, which posed the question: >> This, without question, constitutes mass money debasement of the likes typically reserved for banana republics. Somehow we think all this funny money is needed to keep the U.S. Treasury flush with cash. Moreover, if this $500 billion madness is needed just to get to January 14, what madness will be needed come January 15? Our guess: Take the current number and double it. Then double it again. "The greatest shortcoming of the human race is our inability to understand the exponential function." Albert Bartlett |
return to message board, top of board |
Msg # | Subject | Author | Recs | Date Posted |
211604 | Re: Statement Regarding Repurchase Operations December 12, 2019 | fundamental | 0 | 12/14/2019 4:56:56 PM |