Comments by "boz" (@BOZ_11) on "The US stock market is in the biggest bubble in history. The entire economy is at risk." video.
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17:30 - they weren't buying up Govt debt mainly, for god's sake. Look at MBS's; it went from ZERO to the stratosphere. Get this through your head: ALL BAILOUTS are the public sector bailing out the private sector; never, ever, the inverse.
19:40 - you're reading the graph wrong; the treasury needn't deposit any money at Fed banks. It can be zero, then credited at need. When the treasury debits their account at the Fed, they're doing it ex-nihilo (from nothing). There isn't a corresponding security that they use to debit their account. Treasury spending = money printing from thin air. You're looking at it like a porcelain piggy bank. It's nothing of the sort.
20:35 - Nothing wrong with "easy money"; in fact, money should be easily come by. Inflation was low until the Fed jacked up interest rates and energy/utility companies decided to price gouge (since everything requires energy, this inflates all prices).
23:00 - equity prices to GDP doesn't make much sense, these are international companies in the SP500 operating globally, with millions of international customers. Remember, the 'D' in GDP means 'Domestic', that's why your comparison is meaningless.
25:30 - There's little difference. Treasuries ARE time released DOLLARS (with a term and a yield)
You need to get in touch with economics luminaries like Michael Hudson or Steve Keen, if you're able to make it a valuable exchange
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17:30 - they weren't buying up Govt debt mainly, for god's sake. Look at MBS's; it went from ZERO to the stratosphere. Get this through your head: ALL BAILOUTS are the public sector bailing out the private sector; never, ever, the inverse.
19:40 - you're reading the graph wrong; the treasury needn't deposit any money at Fed banks. It can be zero, then credited at need. When the treasury debits their account at the Fed, they're doing it ex-nihilo (from nothing). There isn't a corresponding security that they use to debit their account. Treasury spending = money printing from thin air. You're looking at it like a porcelain piggy bank. It's nothing of the sort.
20:35 - Nothing wrong with "easy money"; in fact, money should be easily come by. Inflation was low until the Fed jacked up interest rates and energy/utility companies decided to price gouge (since everything requires energy, this inflates all prices).
23:00 - equity prices to GDP doesn't make much sense, these are international companies in the SP500 operating globally, with millions of international customers. Remember, the 'D' in GDP means 'Domestic', that's why your comparison is meaningless.
25:30 - There's little difference. Treasuries ARE time released DOLLARS (with a term and a yield)
You need to get in touch with economics luminaries like Michael Hudson or Steve Keen, if you're able to make it a valuable exchange
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17:30 - they weren't buying up Govt debt mainly, for god's sake. Look at MBS's; it went from ZERO to the stratosphere. Get this through your head: ALL BAILOUTS are the public sector bailing out the private sector; never, ever, the inverse.
19:40 - you're reading the graph wrong; the treasury needn't deposit any money at Fed banks. It can be zero, then credited at need. When the treasury debits their account at the Fed, they're doing it ex-nihilo (from nothing). There isn't a corresponding security that they use to debit their account. Treasury spending = money printing from thin air. You're looking at it like a porcelain piggy bank. It's nothing of the sort.
20:35 - Nothing wrong with "easy money"; in fact, money should be easily come by. Inflation was low until the Fed jacked up interest rates and energy/utility companies decided to price gouge (since everything requires energy, this inflates all prices).
23:00 - equity prices to GDP doesn't make much sense, these are international companies in the SP500 operating globally, with millions of international customers. Remember, the 'D' in GDP means 'Domestic', that's why your comparison is meaningless.
25:30 - There's little difference. Treasuries ARE time released DOLLARS (with a term and a yield)
You need to get in touch with economics luminaries like Michael Hudson or Steve Keen, if you're able to make it a valuable exchange
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@DeRussellMasina 17:30 - they weren't buying up Govt debt mainly, for god's sake. Look at MBS's; it went from ZERO to the stratosphere. Get this through your head: ALL BAILOUTS are the public sector bailing out the private sector; never, ever, the inverse.
19:40 - you're reading the graph wrong; the treasury needn't deposit any money at Fed banks. It can be zero, then credited at need. When the treasury debits their account at the Fed, they're doing it ex-nihilo (from nothing). There isn't a corresponding security that they use to debit their account. Treasury spending = money printing from thin air. You're looking at it like a porcelain piggy bank. It's nothing of the sort.
20:35 - Nothing wrong with "easy money"; in fact, money should be easily come by. Inflation was low until the Fed jacked up interest rates and energy/utility companies decided to price gouge (since everything requires energy, this inflates all prices).
23:00 - equity prices to GDP doesn't make much sense, these are international companies in the SP500 operating globally, with millions of international customers. Remember, the 'D' in GDP means 'Domestic', that's why your comparison is meaningless.
25:30 - There's little difference. Treasuries ARE time released DOLLARS (with a term and a yield)
You need to get in touch with economics luminaries like Michael Hudson or Steve Keen, if you're able to make it a valuable exchange
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@Pomegranate_David i'm not talking about his biological age. His knowledge of economics is weak, but his geopolitical appraisals are good, and the reason I'm subscribed.
An earlier comment of mine on this thread:
"17:30 - they weren't buying up Govt debt mainly, for god's sake. Look at MBS's; it went from ZERO to the stratosphere. Get this through your head: ALL BAILOUTS are the public sector bailing out the private sector; never, ever, the inverse.
19:40 - you're reading the graph wrong; the treasury needn't deposit any money at Fed banks. It can be zero, then credited at need. When the treasury debits their account at the Fed, they're doing it ex-nihilo (from nothing). There isn't a corresponding security that they use to debit their account. Treasury spending = money printing from thin air. You're looking at it like a porcelain piggy bank. It's nothing of the sort.
20:35 - Nothing wrong with "easy money"; in fact, money should be easily come by. Inflation was low until the Fed jacked up interest rates and energy/utility companies decided to price gouge (since everything requires energy, this inflates all prices).
23:00 - equity prices to GDP doesn't make much sense, these are international companies in the SP500 operating globally, with millions of international customers. Remember, the 'D' in GDP means 'Domestic', that's why your comparison is meaningless.
25:30 - There's little difference. Treasuries ARE time released DOLLARS (with a term and a yield)
You need to get in touch with economics luminaries like Michael Hudson or Steve Keen, if you're able to make it a valuable exchange"
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17:30 - they weren't buying up Govt debt mainly, for god's sake. Look at MBS's; it went from ZERO to the stratosphere. Get this through your head: ALL BAILOUTS are the public sector bailing out the private sector; never, ever, the inverse.
19:40 - you're reading the graph wrong; the treasury needn't deposit any money at Fed banks. It can be zero, then credited at need. When the treasury debits their account at the Fed, they're doing it ex-nihilo (from nothing). There isn't a corresponding security that they use to debit their account. Treasury spending = money printing from thin air. You're looking at it like a porcelain piggy bank. It's nothing of the sort.
20:35 - Nothing wrong with "easy money"; in fact, money should be easily come by. Inflation was low until the Fed jacked up interest rates and energy/utility companies decided to price gouge (since everything requires energy, this inflates all prices).
23:00 - equity prices to GDP doesn't make much sense, these are international companies in the SP500 operating globally, with millions of international customers. Remember, the 'D' in GDP means 'Domestic', that's why your comparison is meaningless.
25:30 - There's little difference. Treasuries ARE time released DOLLARS (with a term and a yield)
You need to get in touch with economics luminaries like Michael Hudson or Steve Keen, if you're able to make it a valuable exchange
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He got nearly everything wrong, apart from it being time to cash out; that bit is accurate
EDIT:
17:30 - they weren't buying up Govt debt mainly, for god's sake. Look at MBS's; it went from ZERO to the stratosphere. Get this through your head: ALL BAILOUTS are the public sector bailing out the private sector; never, ever, the inverse.
19:40 - you're reading the graph wrong; the treasury needn't deposit any money at Fed banks. It can be zero, then credited at need. When the treasury debits their account at the Fed, they're doing it ex-nihilo (from nothing). There isn't a corresponding security that they use to debit their account. Treasury spending = money printing from thin air. You're looking at it like a porcelain piggy bank. It's nothing of the sort.
20:35 - Nothing wrong with "easy money"; in fact, money should be easily come by. Inflation was low until the Fed jacked up interest rates and energy/utility companies decided to price gouge (since everything requires energy, this inflates all prices).
23:00 - equity prices to GDP doesn't make much sense, these are international companies in the SP500 operating globally, with millions of international customers. Remember, the 'D' in GDP means 'Domestic', that's why your comparison is meaningless.
25:30 - There's little difference. Treasuries ARE time released DOLLARS (with a term and a yield)
You need to get in touch with economics luminaries like Michael Hudson or Steve Keen, if you're able to make it a valuable exchange
1