I spent a summer at the American Institute of Economic Research. Beautiful place in the Berkshires of Western Massachusetts. The institute is libertarian although for some reason the person running it at the time was very big into John Dewey. I tried to read some Dewey and received headaches as a reward. Never could reconcile, with my Wikipedia knowledge of Dewey, what seems trying to mix oil and water. I was talking to a coworker at work who does hedging. He mentioned his world has been crazy as the demand for all fixed income securities has collapse due to uncertainty with inflation and Federal Reserve policy. I know part of the Fed reducing its balance sheet is attrition through maturing bonds. In a sense this current market, might put a halt to the Fed actively trying to reduce its balance sheet leaving much more inflationary kindle ready to burn.
1 posted on
11/09/2022 3:28:00 AM PST by
C19fan
To: C19fan
Pefect time for the Chinese Yuan to become the world reserve currency for oil.
The collapse is coming.
2 posted on
11/09/2022 3:29:34 AM PST by
Erik Latranyi
(We are being manipulated by forces that most do not see)
To: C19fan
Hate to say it, but the securities collapse and the resulting depression is probably what it will take to restore America now. The American voter hasn’t been in enough pain to cause them to stop voting for trivial reasons.
Depression will be our friend… as a fever kills a virus
4 posted on
11/09/2022 3:31:50 AM PST by
DesertRhino
(Dogs are called man's best friend. Moslems hate dogs. Add it up..)
To: C19fan
That must have been an interesting experience.
Was that in college, or as part of a job?
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