- Joined
- Mar 25, 2010
- Messages
- 34,477
- Reaction score
- 57,586
Just to follow up on this,
Maybe this same guy was screaming from the roof tops the sky is falling when the repo spike was going on,
and now again, with reverse repo's.
Point being, there are very large fiat machinations going on, and to freak out over every action/reaction doesn't really get us anywhere,
They sent out 6-9 Trillion, dependent on who you listen to, within a years time
That on top of what tramp and all the others were spending prior
This repo/reverse repo thing doesn't even hardly register on that scale,
We take it back to what we spoke of, the incredibly large creation, checks to slaves, to businesses, to poli's, to .govs, etc
That creation eventually ends up in the same place after it goes thru the system
Helicopter dough eventually makes its way home. Goes out to the slaves, they spend it at the corps, corps pile up the cash, then trade it back in at the fed level. Rinse repeat. Some banks were saying 'no more cash' as they were full up. Corp balance sheets sitting with trillions on the books in cash.
Besides the .govs of all levels, the created goes out, gets spent or sent into the markets. Either way, it ends up on some corp balance sheet somewhere whether td ameritade or joogle or chef boyareyouaslave
as you can see below, last time money was more scarce and velocity peaked was during klinton 1, when we had close to a supposed balanced fed budget,
since, they have all been spending and spending and spending, each greater than previous
which of course has driven velocity to all time lows
so much fiat created it has wiped out scarcity and the churn or velocity,
fiat piling up everywhere, stock accounts, balance sheets, .gov budgets and so on
but again, piling up, not on the move, too much of it to keep it all on the go so it sits
Maybe this same guy was screaming from the roof tops the sky is falling when the repo spike was going on,
and now again, with reverse repo's.
Point being, there are very large fiat machinations going on, and to freak out over every action/reaction doesn't really get us anywhere,
They sent out 6-9 Trillion, dependent on who you listen to, within a years time
That on top of what tramp and all the others were spending prior
This repo/reverse repo thing doesn't even hardly register on that scale,
We take it back to what we spoke of, the incredibly large creation, checks to slaves, to businesses, to poli's, to .govs, etc
That creation eventually ends up in the same place after it goes thru the system
Helicopter dough eventually makes its way home. Goes out to the slaves, they spend it at the corps, corps pile up the cash, then trade it back in at the fed level. Rinse repeat. Some banks were saying 'no more cash' as they were full up. Corp balance sheets sitting with trillions on the books in cash.
Besides the .govs of all levels, the created goes out, gets spent or sent into the markets. Either way, it ends up on some corp balance sheet somewhere whether td ameritade or joogle or chef boyareyouaslave
as you can see below, last time money was more scarce and velocity peaked was during klinton 1, when we had close to a supposed balanced fed budget,
since, they have all been spending and spending and spending, each greater than previous
which of course has driven velocity to all time lows
so much fiat created it has wiped out scarcity and the churn or velocity,
fiat piling up everywhere, stock accounts, balance sheets, .gov budgets and so on
but again, piling up, not on the move, too much of it to keep it all on the go so it sits