Let's recap: You were wrong about their announcement of interest rate targets, wrong about their release of info about purchases and sales and finally, wrong about how they buy bonds. I'm noticing a pattern here.
Which, if given information in advance, can help their buddies.
More proof you don't understand how they buy bonds from primary dealers.
Bull, they dont give all the information that is wanted of them.
So we've gone from they don't give any info to they don't give all info. I guess that's an improvement.
“Let’s recap: You were wrong about their announcement of interest rate targets, wrong about their release of info about purchases and sales and finally, wrong about how they buy bonds. I’m noticing a pattern here.”
I didn’t say that they didn’t announce interest rate targets. I didn’t say that they didn’t release info about purchases and sales and finally choosing when is basically like choosing who because different banks at different times have different needs.
“More proof you don’t understand how they buy bonds from primary dealers. “
Explain in detail how what I said is wrong then.
“So we’ve gone from they don’t give any info to they don’t give all info. I guess that’s an improvement.”
I’m talking about categories of information. Just because they purport to give everything that is relevant does not mean that they actually do.
Once again you put forth the ridiculous notion that a satisfactory method of audit is to ask people nicely for information and if they don’t want to give that information just assume you are better off not knowing.