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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "Goldman Says Cash Looks Better Than Bonds" video.
Cash = Treasury and vice versa; both will moon as the deflationary reality sets in.
6
@santoshragi collateral crisis and haircuts - treasury is the closes to cash that you will find; hence the Fed's international facility they stood up.
1
@blah blah blah agreed - Fed's real tools are to combat inflation - against deflation they can only 'signal' while the global economy burns; that is why everyone is stuck on stupid with the inflation narrative. Jerry and Janet can sacrifice all the goats they want inflation wont come. Once will happen to their narratives as the dollar rises, oil drops, and banks further tighten?
1