Fed worried about its loose policies

blackvegetable said:
btw, so now it is "the gubmint" did it?

An hour earlier it was The Fed.

You do know they aren't the same thing, right?
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The Fed is not part of the government? Is this new in the history books?

The impetus was the gov'ts push for increased home ownership which greatly grew under Clinton and Bush II. The Feds low rate threw fire on the flame. The lack of fear from Wall St based on the Fed's prior actions of bailing them out gave them no fear to act like they did. We see what it accumulated in.
 
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cawacko said:
The Fed is not part of the government? Is this new in the history books?

The impetus was the gov'ts push for increased home ownership which greatly grew under Clinton and Bush II. The Feds low rate threw fire on the flame. The lack of fear from Wall St based on the Fed's prior actions of bailout them out gave them no fear to act like they did. We see what it accumulated in.
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I think CA has BV on the ropes here.
 
cawacko said:
The Fed is not part of the government? Is this new in the history books?

The impetus was the gov'ts push for increased home ownership which greatly grew under Clinton and Bush II. The Feds low rate threw fire on the flame. The lack of fear from Wall St based on the Fed's prior actions of bailing them out gave them no fear to act like they did. We see what it accumulated in.
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No....the Fed is NOT "part of the goverment".....

And would you please stop feeding me The Narrative......its annoying to those of us who actually research this stuff.

Serious question......how old are you?
 
blackvegetable said:
No....the Fed is NOT "part of the goverment".....

And would you please stop feeding me The Narrative......its annoying to those of us who actually research this stuff.

Serious question......how old are you?
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If you want to share your academic or work credentials be my guest since you seem to think you are the sage on this topic
 
cawacko said:
Yeah dude, I know how the banks are set up. Nice semantics you are trying to use to deflect from the issue.

Keep on defending the Fed's actions if you wish
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OK..so why insist that the Fed is part of the gubmint?

I had actually positioned myself for an Austrian denouement...but as a human being, I must admit that the original response worked better than hoped, and that the perfidy of Congress should result in public hearings, garottings, and the billing of family members for the wire.....not necessarily in that order.
 
blackvegetable said:
OK..so why insist that the Fed is part of the gubmint?

I had actually positioned myself for an Austrian denouement...but as a human being, I must admit that the original response worked better than hoped, and that the perfidy of Congress should result in public hearings, garottings, and the billing of family members for the wire.....not necessarily in that order.
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For shits and giggles what legislation would congress have passed that would have prevented the need for years of zero interests rates?
 
cawacko said:
For shits and giggles what legislation would congress have passed that would have prevented the need for years of zero interests rates?
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It could have allowed infrastructure spending to go forward, for one...QE wasn't a very efficient mechanism because the demand for credit was restrained and, until late in the cycle, the money wasn't finding its way into circulation.

Now I will ask a question, in the vain hope you might actually answer it...

What alternative to QE would you have proposed?
 
blackvegetable said:
It could have allowed infrastructure spending to go forward, for one...QE wasn't a very efficient mechanism because the demand for credit was restrained and, until late in the cycle, the money wasn't finding its way into circulation.

Now I will ask a question, in the vain hope you might actually answer it...

What alternative to QE would you have proposed?
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Infrastructure on a federal level is nothing but a big boondoggle.

I would have proposed not doing it or if it had to be done stopping after the first round. Instead we get the asset bubble pricing which we have today. It will be quite the joy when it pops.
 
cawacko said:
Infrastructure on a federal level is nothing but a big boondoggle.

I would have proposed not doing it or if it had to be done stopping after the first round. Instead we get the asset bubble pricing which we have today. It will be quite the joy when it pops.
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You are a slogan spouting imbecile.

What asset classes are in a bubble and based on what valuation principle?

I still want to know who told you ACA is a jobs killer......you had to ignore EVERY SINGLE MONTHLY BLS REPORT SINCE IT WAS SIGNED INTO LAW......which is incredibly difficult as it generally leads all news reports on the day of its release.

Given this, what possible currency could any of your numerous Bold Assertions enjoy?
 
cawacko said:
Infrastructure on a federal level is nothing but a big boondoggle.

I would have proposed not doing it or if it had to be done stopping after the first round. Instead we get the asset bubble pricing which we have today. It will be quite the joy when it pops.
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You would have proposed not doing it........that's brilliant...

Do you have any idea how you would have maintained liquidity in markets if all banks were technically broke? Do you understand what "Mark to market" would have obliged? Do you even know what it means?

Please don't lead with indignation. Your performance to date suggests that the question is central.
 
blackvegetable said:
You would have proposed not doing it........that's brilliant...

Do you have any idea how you would have maintained liquidity in markets if all banks were technically broke? Do you understand what "Mark to market" would have obliged? Do you even know what it means?

Please don't lead with indignation. Your performance to date suggests that the question is central.
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You are so cute. You know a couple of phrases and try to pass yourself off as an expert to impress those who don't know anything.

Stick to the name calling. You're better at that.
 
cawacko said:
You are so cute. You know a couple of phrases and try to pass yourself off as an expert to impress those who don't know anything.

Stick to the name calling. You're better at that.
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A few phrases?


Let me try again...

How did you manage to miss the longest period of consecutive month's of private sector job growth in US history?

When 2014 ended with the largest payroll gains in 15 years, were you in a coma?

These are FACTS not "phrases" or "slogans".
 
blackvegetable said:
A few phrases?


Let me try again...

How did you manage to miss the longest period of consecutive month's of private sector job growth in US history?

When 2014 ended with the largest payroll gains in 15 years, were you in a coma?

These are FACTS not "phrases" or "slogans".
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I'm well aware of those numbers. Again when the Fed keeps rates at zero like they did for years it's not all that surprising we got the asset inflation we did. Once again, we will be forced to pay the piper.
 
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