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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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So the FED has announced that they are gona keep the balance sheet at 4T or there abouts...FOREVER?
Some surprise that is...NOT!
The problem with the FED just like you boyz is...they think/thought it can be fixed, that there is a solution..if only they find it...so they have tried this and that...all to get back to what was the old normality...None of it has worked...and now they are admitting with the Forever statement that there is nothing that they can do...
I told you long ago that when the leadership cant remedy a situation new leadership is found and when that fails despair sets in...and that the same thing is true that when you try all the tricks in the book and nothing works...you realize it can't be fixed...and despair sets in and a acceptance of your fate.
The FED to have made that statement must have seen something very mushy in the data about the economy..That to maintain stasis in the economy they can not rock the boat..
The question becomes by maintaining their balance sheet does it cause dislocations throughout the world? In other words how long can they keep the music playing before it stops..
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"Some Observer"
Last edited by tabs; 02-24-2019 at 01:57 PM..
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