Posted on 10/02/2022 6:26:12 AM PDT by PK1991
“It seems to me as a worst-case scenario, the Chinese sale of dollar-denominated assets, especially government bonds, will drive up the price of those bonds”
Perhaps I’m missing something, but if China sells the bonds, doesn’t that drive the price of the bonds down...and interest rates up?
Yes, yes I do. If Biden is bad, she will be even more of a disaster. But with a Republican-controlled House and (hopefully) Senate, anything she attempts to do can be effectively blocked in Congress or challenged in the Supreme Court. Her regular gaffes will be amplified and whoever runs against her in 2024 will win by a landslide. Sure, the next two years will be painful, but that will be the price of getting America back on track.
Conviction/removal in the Senate requires 67 votes.
You’re welcome...I’m not an expert on this, but I do know of the inverse relationship...but not much more!
And another such meeting happened on November 23, 2015. And I lived to the 24th.
And again on April 5, 2010. Yep, survived that one, too.
Waiting for someone to push a gold or TEOTWAWKI newsletter, accepting payment in fiat currency in 3...2...
I don’t think The digital currency thing wouldn’t require an “emergency” meeting. I imagine they would want to have more of a roll out for that.
I think they need to make adjustments to deal with the BOE, and a potential intervention by the Chinese.
We ARE living in interesting times.
That’s how it usually works. Lol.
But we’ve been in bizzaro world for a while…
There are lots of videos suspecting the very worst order of perfidy from this FED meeting. But I’m looking for an “instant death” reaction like the DOW losing 10,000 in a week.
Yes. Probably your theory most likely possibility when I think about it.
At the February meeting they reduced the rate charged to banks to borrow money from the FED. They also let them borrow for ninety days with unlimited renewal of the terms because banks are in a liquidity crisis with the FED raising interest rates. The speculation is the FED will reduce the discount window rate to banks again at the September 22 meeting as a backdoor start of QE so they don’t have to lose face by raising interest rates.
Right after a 3/4% increase? That would make a lot of sense.
Is there anything that is not political anymore?
Lehman 2.0, but this will be much worse.
Emergency meeting for the Fed? Yep.
Here comes that hard landing.
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