Federal Reserve blind on economic outlook as U.S. slowly reopens | Crypto Craft

  • Federal Reserve blind on economic outlook as U.S. slowly reopens

    From bnnbloomberg.ca

    Millions of virus-idled American workers are now at home with little more than hand-wringing anxiety about where their next paycheck will come from. They are Jerome Powell’s biggest worry, and how to ease their plight with monetary policy is the Federal Reserve chairman’s largest challenge. The Fed will probably debate using instruments including stronger forward guidance or asset purchases when officials meet next month, which would add more muscle to interest rates that have already been slashed to zero. But those tools require officials to have a forecast they trust of where the economy is heading. The lack of ... (full story)

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Not-KPMG
May 10, 2020 9:50am
Permalink
Quoting mkjenna
:
There you go mate!
Thank you kindly, Borat sir.

May your chickens multiply and may you marry Pamela


OK...
Where was I.

The question of USA or FED paying its horrible debts??
Piece of cake.

About 26 trillion government sad green dollars debt?? 4-5 trillion household debt??
Phewwww it's easy.

All they have to do....
And I told Powell... ...

.... is to follow great example - Swiss, Germans...

Put negative rates.  🤣👏👏

I offered 3% negative. Powell said - maybe.

Soooo if you, China etc hold USA debt of 5 trillions $$$$$$ in 3 years u will hold only 🙄 4.5 trillions $$$ ....👏😁😅

At - 3% the debt will shrink fast.
In 24 years I think it'll half.👏👏
Then borrow more.... Pay less... 👏

I'm telling ya, FED can wipe that debt real fast.

How about 10% negative.... 👍👍

Comments ??

And wait second solution ... You paid for it...
Attached Image (click to enlarge)
Click to Enlarge Name: Fed print.jpg Size: 6 KB
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Not-KPMG
May 10, 2020 8:47am
Permalink
Quoting afevir
How does the Fed intend to recover all its growing negative positions?
I'll tell you, if you or anyone send me 4 beers

Reply
mkjenna
May 10, 2020 9:37am
Permalink


There you go mate!
Reply
Not-KPMG
May 10, 2020 9:05am
Permalink
I wasn't kidding.
4 beers will get you all an amazing advice.

But...
I just spoke to Yellen, she's dumb but she's my friend....
So I came up with a SECOND solution to above problem.

Therefore I need 8 beers and you'll get all to hear magnificent advice

Reply
Not-KPMG
May 10, 2020 12:43pm
Permalink
Quoting afevir
{quote} I think Trump knows how they will get it back and it's not one of your options


Hi

If you mean Trumpy to get back the horrible debt.... Yes.
I got it covered
Reply
Not-KPMG
May 10, 2020 12:44pm
Permalink
Solution 2.


It's magnificent. It's better than Harry Potter drama

...
As you know few millions SMART people hold Bitcoin

I mentioned this to old buggers like Powell, Murdock ...


The 2nd solution, is to drop Bitcoin price by little lying "Yoooo we wannna ban Bitcoin yoooo " then ad price goes 7-8k the liars in FED start to buy bitcoin

Yes. Very simple
By buying all available Bitcoin (about 2 million currently on offer ) in the 10-14k area they can obtain 2 million Bitcoin for the pathetic 24 billion....
And any extra bitcoin will come at extra price...

Anyway

Next Trumpy and crooks will say "yooooooo we wanna DEFAULT yooooo "
At this moment Dollar will be trashed and bitcoin may go 5 million price.

As you see then FED can sell out and get 10 TRILLION

But the USA debt is 26 trillion???

Relax.
They'll buy DASH, MONERO, ETC, GRS, LTC, MONA coins too.
Debt paid

...
Few notes - I did speak with Powell.
US treasuries will dump Monday 11.April...
Bitcoin I don't know...
Reply
Not-KPMG
May 10, 2020 1:00pm
Permalink
Is Bitcoin the hardest form of money?
46.8 million dollar millionaires in the world.
But only 21 m Bitcoins. In a world of helicopter money, trash, and QE this is the definition of Scarcity.

Here's the link to our Crypto, Bitcoin thread.

Only smart people can post. Anyone can read
News, charts, opinions ....

https://www.cryptocraft.com/showthre...649&lastpage=1

Check the first post for general info.

While there, please vote on first page.
Thanks

Not advice
Yes I own few
Attached Image (click to enlarge)
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Reply
Jade Gate
May 10, 2020 5:03pm
Permalink
Quoting Not-KPMG
Is Bitcoin the hardest form of money?
You will never be a successful trader. Why? Because you have no self control, either of your blabbering mouth or your keyboard. Juvenile drivel. Stop it. Grow up.
Reply
afevir
May 10, 2020 12:22pm
Permalink
Quoting Not-KPMG
{quote} Thank you kindly, Borat sir. May your chickens multiply and may you marry Pamela OK... Where was I. The question of USA or FED paying its horrible debts?? Piece of cake. About 26 trillion government sad green dollars debt?? 4-5 trillion household debt?? Phewwww it's easy. All they have to do.... And I told Powell... ... .... is to follow great example - Swiss, Germans... Put negative rates....
I think Trump knows how they will get it back and it's not one of your options
Reply
afevir
May 10, 2020 1:52pm
Permalink
Quoting Not-KPMG
Solution 2. It's magnificent. It's better than Harry Potter drama ... As you know few millions SMART people hold Bitcoin I mentioned this to old buggers like Powell, Murdock ... The 2nd solution, is to drop Bitcoin price by little lying "Yoooo we wannna ban Bitcoin yoooo " then ad price goes 7-8k the liars in FED start to buy bitcoin Yes. Very simple...
unfortunately it will not be one like this of bitcoin, so now only the obvious one remains
Reply
afevir
May 10, 2020 8:35am
Permalink
How does the Fed intend to recover all its growing negative positions?
Reply
Trader#5F83
May 18, 2020 1:29am
Permalink
Quoting forexsignalg
Hidden

Oh, many have found it very entertaining!
If you love what you do, and have that much fun theorizing great debates, well fux yeah!
Reply
Trader#1A3E
May 10, 2020 2:56am
Permalink
Despite everything, the dollar will be great in the future, the epidemic has proved it, it is better to keep money not in gold, it only needs Wall Street. Demand in the rest of the world does not exist.
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forexsignalg
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Hidden for breach of Trader Code of Conduct
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