« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Negative Yield Debt Hits Record $15 Trillion, Up $1 Trillion in 2 Business Days 

By: capt_nemo in POPE 5 | Recommend this post (2)
Wed, 07 Aug 19 5:18 AM | 23 view(s)
Boardmark this board | Pope 5
Msg. 37392 of 62138
(This msg. is a reply to 37389 by Decomposed)

Jump:
Jump to board:
Jump to msg. #

well said DE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
- - - - -
The above is a reply to the following message:
Re: Negative Yield Debt Hits Record $15 Trillion, Up $1 Trillion in 2 Business Days
By: Decomposed
in POPE 5
Wed, 07 Aug 19 4:53 AM
Msg. 37389 of 62138

Zimbler0:

Re: "Insane. Or can someone explain to my why it isn't?"
Nope. That's not insane. Government can freely print endless amounts of the linen they call Reserve Notes and is actively doing so. Why should government money managers care if the Treasury has to pay select organizations for the privilege of borrowing the linen? The payment is only in linen, and it's not like the linen is worth anything.

The insanity... in case you haven't yet guessed... isn't that government is screwing with us by lowering interest rates into negative territory. That would be a horrible monetary practice. No, the insanity is that we think they're doing it with money.


« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next