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dnpvd51

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  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    The dollar is not stronger now then when all that money was handed to the banks. Not even close.
    Apr 8, 2015. 01:34 AM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    Fannie and Freddie are making 3% down loans at a skimpy interest rate. Basically they are selling an option on the house and can lose another fortune if housing falls.

    And if the FED loses a big chunk on their bond holdings then good bye profits, hello losses.
    Apr 8, 2015. 01:27 AM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    You are the one claiming there was some profit, and yet I have to be specific?
    Apr 7, 2015. 11:10 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    The owners of the banks and the executives got to keep their ill gotten gains also.

    And this idea that this bailout was actually profitable and so forth is far from certain.

    The Federal Reserve now has an extra three trillion plus in bonds and such. We can't keep score on these bailouts until the FED sells these. And we have money in savings accounts paying much less than inflation. This means the value of this money is disappearing. Where does it go and how is this good for the economy?

    Also the dollars were given to the banks when the dollar was very strong. The banks paid back the government in seriously debased currency. This can hardly be called a profit.
    Apr 7, 2015. 09:39 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    I like how you twist my words.

    I was not making a prediction here. I was stating that which some people(experts) think is a possible outcome.

    And many FED apologists were talking just like you(perhaps with less bombast) before the last crash. And then look what happened.
    Apr 7, 2015. 03:34 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    OK, the bailouts saved the banks supposedly, so does this not imply that the bailouts benefited or enriched the banks, i.e. their owners and executives?

    And then we know from the link to William Black that there was some criminal activity pursued by these very same banks.
    Apr 6, 2015. 08:10 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    What prediction of impending doom?

    It is my contention that prices are seriously distorted which will lead to a big mess.

    And an inflation predictor is not likely to be all that bearish on the market.

    And the FED bashers have been predominately correct in predicting the market. Certainly much better than the apologists who for the most part claimed that the last two crashes were not possible.
    Apr 6, 2015. 08:03 PM | Likes Like |Link to Comment
  • U.S. Shale Trends Indicated By Production Prowess Of Pioneer And RSP Permian [View article]
    Unreal,

    Some folks can argue any point.
    Apr 6, 2015. 02:52 PM | 1 Like Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    It is doubtful that Einstein actually stated any such thing.
    Apr 6, 2015. 01:42 AM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    OK, so I have specifically answered which miscreants were enriched by the bailouts?
    Apr 6, 2015. 01:36 AM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    "Can you be specific about what massive bailout you're referring to and what you mean by enriched?
    Are you talking about TARP or Fed loans? Or something else?"

    The banking system was on the verge of collapse-- from your post above.

    We saved it--again from your post above.

    So the bailouts would be whatever supposedly saved the banking system from collapsing.
    Apr 5, 2015. 11:54 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    First you claim that these banks were going to collapse.

    Then you claim that the owners and executives of these rotten banks were not enriched by the massive bailouts.

    Are these not contradictory ideas?
    Apr 5, 2015. 10:45 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    I will refer you to the expert William Black:

    http://huff.to/1BYvzKa
    Apr 5, 2015. 08:39 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    JasonC,

    I am really confused about your post. How does being critical of the massive bailouts have anything to do with "sore losers and resentniks." Or American capitalism for that matter?

    And I do not know what song that you claim that I have been singing since 2009, but I will grant that I have not been singing praises of the bailouts or the FED.

    And not many of the ones that predicted the last two crashes and who are also expecting another one were telling folks not buy stocks in 2009.

    You must have been hearing imaginary music.


    Apr 5, 2015. 08:37 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    How does the wealthy owning assets imply that the wealthy benefit from high interest rates. As we see, low interest rates increase the price of assets. High interest rates will lower the price of assets.

    High interest rates also raise the value of the dollar which raises the cost of labor which benefits almost everyone outside the very wealthy.

    Low interest rates encourage debt slavery which is not quite reducing wealth disparity.
    Apr 5, 2015. 06:17 PM | Likes Like |Link to Comment
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