Where is my tinfoil hat when I need it?
How long until Powell is gone?
Everyone wants to get rid of Powell, but ten of the 12 governors are non-Trumpers, mening anti-Trumpers, and they would like nothing better than to do to Trump what the Fed did to tank Reagan’s economy in 1982 and stick him with an opposition Congress with the face of Hakeem and the soul of Al Green (”you know who I am? I’m AL GREEN! I made my bones while you were slumming it on weekly TV!”). We have to get rid of them, or better yet, get rid of the Fed period.
Who was it that appointed Powell again?
Inflation is still too high.
Where is my tinfoil hat when I need it?
The goal of the FED (Central Bank) is to create a debt spiral that leads to a crisis.
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We are already in a debt spiral. $38 trillion is mathematically impossible to pay off. The only way out is to keep printing paper, inflation and Gold will be on the rise.
Our currency debasement will continue, the USD has already dropped 11.5 percent this year, which means purchases from overseas are now costing 11.5 percent more ( and that is not figuring in Tariffs).
Trump’s moves are meant well I am sure- but there will be a price to pay…” unintended consequences “ will be disturbing to many.
Large companies could offer employee mortgages at the rate the company most recently borrowed at.
Relatives might lend part (say 20%) of the mortgage amount at no interest.
Real estate agents might lend part of their commission at no interest for six years.
States might lend recording tax amounts at no interest.
Sellers might chip in six-year rate buydowns.
Employers might chip in rate buydowns for as many years as employed.
The federal government borrows money at public auction.
The Fed has no say over what is bid unless it chooses to bid and undercut the market.
Team Trump can’t see the forest for the trees on this one. Keeping interest rates up is a tacit admission that we are in a strong economy, and the Fed anticipates it will remain strong, and even grow stronger.
The purpose of interest-rate setting (manipulation) is to encourage or dissuade investment. If it costs you more to borrow, you’ll be less likely to do so, thereby dampening the economy. If it costs you less, then you’re more likely to borrow, and the economy will be stimulated to grow by the increased activity.
The Trump administration’s message should be to thank the Fed for confirming that their economic plan is a good one, and it is working spectacularly - to the benefit of all Americans.
“The Fed says what’s driving the cost overruns are unexpected developments like excess lead and asbestos, as well as inflation which has raised the cost of building projects nationwide.”
“It involves a complete overhaul, modernization, and preservation of two historic buildings that have not been comprehensively renovated since their construction in the 1930s and includes:
• Remediation and updates to make the buildings safe, healthy, and effective places to work by removing asbestos and lead contamination.
• Complete replacement of antiquated systems such as electrical, plumbing, heating, ventilation, and air conditioning, and fire detection and suppression systems.
• Major structural work to bring the buildings up to modern code, including current accessibility, security, and safety standards.
The work will also restore and enhance space for the public along the National Mall.
Factors Driving the Cost Increases
Various factors have resulted in increased costs. Key factors include:
• Due to consultation with multiple federal and state agencies, changes to the original building designs.
• The differences between original estimates and actual costs of materials, equipment, and labor over the course of the construction.
• Unforeseen conditions, for example, more asbestos than anticipated, toxic contamination in soil, and a sinkhole.”
https://www.federalreserve.gov/faqs/files/faq-tour-one-pager.pdf
Treasury Inflation Protected Securities (TIPS)
We sell TIPS for a term of 5, 10, or 30 years.
As the name implies, TIPS are set up to protect you against inflation.
Unlike other Treasury securities, where the principal is fixed, the principal of a TIPS can go up or down over its term.
When the TIPS matures, if the principal is higher than the original amount, you get the increased amount. If the principal is equal to or lower than the original amount, you get the original amount.
TIPS pay a fixed rate of interest every six months until they mature. Because we pay interest on the adjusted principal, the amount of interest payment also varies.
You can hold a TIPS until it matures or sell it before it matures.Treasury Inflation Protected Securities (TIPS)
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TIPS at a Glance
Now issued in Electronic form only
Matures in 5, 10, or 30 years
Interest rate The rate is fixed at auction and is never less than 0.125%.
Treasury TIPS auction rules allow for negative real yield bids. See “Information on Negative Rates and TIPS”
https://treasurydirect.gov/marketable-securities/tips/
Recent TIPS auction results:
10-Year 91282CNS6 No 07/31/2025 07/15/2035 1.985% 1.875%
5-Year 91282CNB3 Yes 06/30/2025 04/15/2030 1.650% 1.625%
10-Year 91282CML2 Yes 05/30/2025 01/15/2035 2.220% 2.125%
5-Year 91282CNB3 No 04/30/2025 04/15/2030 1.702% 1.625%
10-Year 91282CML2 Yes 03/31/2025 01/15/2035 1.935% 2.125%
https://treasurydirect.gov/auctions/announcements-data-results/
Powell is this terms version of Pence and Barr. His job is to prevent Trump from succeeding by obstructing him with fiscal monetary policy. Personally I really think it’s fine as is, but Powells Beltway assignment is to block him with institutional roadblocks, all the while feathering bureaucrats nests in gold.
The schedule of Treasury securities auctions is released at the Treasury’s Quarterly Refunding press conference, usually held on the first Wednesday of February, May, August, and November.
https://treasurydirect.gov/auctions/announcements-data-results/
Did Sundance actually write “want’s”?
WIKI
There are four main tools of monetary policy that the Federal Reserve uses to implement its monetary policy:
Tool Description
Interest on reserve balances (IORB)
Interest paid on funds that banks hold in their reserve balance accounts at their Federal Reserve Bank. IORB is the primary tool for moving the federal funds rate within the target range.
Overnight reverse repurchase agreement (ON RRP) facility The Fed’s standing offer to many large nonbank financial institutions to deposit funds at the Fed and earn interest. Acts as a supplementary tool for moving the FFR within the target range.
Open market operations
Purchases and sales of U.S. Treasury and federal agency securities. Used to maintain an ample supply of reserves.
Discount window
The Fed’s lending to banks at the discount rate. Helps put a ceiling on the FFR.
https://en.wikipedia.org/wiki/Federal_Reserve
So,a group of thugs decides how the rest of us can work and trade. Dump the Fed.
“That includes blast-resistant windows and shear walls, which are big drivers of the building’s cost, according to Fed staff during the tour.”
https://www.cnn.com/2025/07/24/economy/fed-trump-powell-communications-battle
Credit unions lend out money to members for interest and fees and pay interest to members.
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