wall street still runs dc
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Salem OR
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I cannot defend trump on this one...he campaigned on the "stock BUBBLE" and housing bubble, then after elected he took credit for it. fking politicians, all of them..then he hires goldman sachs? the right is as evil as the left. the left uses lame ass excuses that I cant stand, but know what the right told me? He hired goldman sachs to keep his enemy close, and playing some friggin 3d chess shit. lol. anf fking Q? man I remember Q from star trek next generation. Man I remember how much I liked that show. I was very leary at first, because dont mess with perfection type thing, but they pulled it off...picard vs shatner, Man what a job!! but he pulled it off. ANyway, back to Q. wtf where did that come from? libtards to the left of me, trumptards to the right, here I am...I just want to make it down the stairs and sleep in my car. lol. anyway, if any economic minded people, here is my take from the latest fed meeting...wall street still owns DC.. we did not think we would be living in a 3rd world country in our life span? well fuking SURPRISE!!! the 5 basis points in RRP gives bank a guaranteed return so they can keep their money markets at 0. the fed can raise that from 5 basis points at any time (per the last meeting) so money markets will not break the buck and cause a bank run. banks make 5 basis points and then hit the fed window for moar to carry trade 5 basis points. But 5 basis points barely covers operating costs of a money market---so id expect that to go to 10-25 basis points. which would be like 1 rate hike, but QE will continue. Insane! the stock market would collapse if they did not print money...so, anyone wanna take a shot in HOW LONG they can print? does the weimer republic ring a bell? will share other very powerful and succesful countries collapsed..I cant remember the country right now, but it was very way up there and I remember the people protesting with pots and pans because the governement already took their guns. Its what governments do. take the guns, then kill or control your every move.
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