Don't you remember? So how much did GDP shrink?
How do you know there wasn't?
You made some claim about tiny ticks in huge FX trades. Do you have any proof that anyone traded improperly with some sort of inside info?
Doesn't matter if he had a trust set up. Doesn't he have family?
I have no idea. All I know is you posted a picture, I guess it was proof of something, and it ends up that estate, in the UK, was donated to something called the National Trust.
Thanks for making my point, again.
Your point was that the words "Federal Reserve Bank" weren't in the Constitution. Good point.
Bernanke: Fed will not monetize the debt
Thanks for the link.
One of the great fears of the dollar bears is that the Fed will buy Treasury securities with printed money. Bernanke vows the Fed will not do that.
Ummmmm....every time the Fed buys Treasury securities, they do it with printed money.
You need a better source.
In other words, if he wasn't "ignorant of banking and finance", he'd be trying to abolish the Fed too?
If he wasn't ignorant of banking and finance, he'd stop whining about banks not lending, while passing regulations that restrict the banks ability to lend.
Don't you remember? So how much did GDP shrink?
Don't you remember? That's government data you're going by?
You made some claim about tiny ticks in huge FX trades. Do you have any proof that anyone traded improperly with some sort of inside info?
Tiny ticks do make a huge profit for anyone on the right side of those trades; tens of billions in profits! Boy if someone had inside dope, they probably wouldn't be on the wrong side of a trade in like a whole year, maybe? Gee, wasn't something about that in the news recently? I don't know, do you?
I have no idea. All I know is you posted a picture, I guess it was proof of something, and it ends up that estate, in the UK, was donated to something called the National Trust.
Didn't you like the house? It was a nice house...
Your point was that the words "Federal Reserve Bank" weren't in the Constitution. Good point.
Thanks again for helping me to make it...
Ummmmm....every time the Fed buys Treasury securities, they do it with printed money.
You need a better source.
I need Ben's source of paper, so I can be buying up all sorts of real properties and stuff with it too...
If he wasn't ignorant of banking and finance, he'd stop whining about banks not lending, while passing regulations that restrict the banks ability to lend.
Maybe like some people, he's just looking out for his best buds forever?