Will Central Bank Digital Currency provide a “relief” to the money supply or an aggravation? If the crypto is “tethered “ to the dollar, can bank deposits of crypto be FDIC insured? Sounds like an extra complexity to me.
Agreed! Why would anyone want a digital currency tied to the central bank in which the Govt can access and control??? Are you kidding? The only relief provided will be to the Govt who wants to dip in and take as much as they want/need whenever they want for any reason! ABSOLUTELY NO TO ANY CBDC EVER!!!!
Just in time for the 2025 inauguration. If Trump or RFK Jr win (which looks probable), the shitshow will belong to them. If I was more conspiratorial, I'd say all this was planned......but that can't be. :-)
Arguably, the reason they didn't adjust the MBS rate of QT is because they haven't achieved their 'target' of $35B once since they started. with current mortgage rates so much higher than those that have been locked in during the previous several years, far fewer people are selling their homes and retiring their mortgage so less MBS are getting prepaid. they will need rates to decline for MBS to start to come off the balance sheet at any reasonable pace. and we have already heard from Waller and it was confirmed by Powell last week, that they want to get rid of all MBS from the balance sheet completely, so when things do start rolling off, they will replace with treasuries.
I read somewhere that about $3 trillion of the Fed's covid helicopter money is still on the sidelines and as it trickles back into the economy, it is keeping inflation on the upswing or at least keeping it from falling much. The inflation we have had the last two years is baked into the economy and can over be reversed with disinflation. Even if these silly birds get inflation back below 2%, higher prices are now standardized in some respects.
The government will cut benefits, raise taxes, and reduce government spending by 50-75%. That solves it. Life will be different and will go one. Other counties will rise and fall. So it goes.
"All this combines to tell us that inflation is here to stay."
GoverFed is feeling around for a way to finally nationalize the private sector entirely. When our rulers default on the federal debt in some way, create hyperinflation, or in some other way totally screw the pooch, the U.S. government has a fix ready.
The Fed CBDC will save the day. Using it, the government will make inflation illegal. It will make the crash illegal. It will make the depression illegal. It will make the private sector and freedom illegal.
Will Central Bank Digital Currency provide a “relief” to the money supply or an aggravation? If the crypto is “tethered “ to the dollar, can bank deposits of crypto be FDIC insured? Sounds like an extra complexity to me.
god forbid they create a USD CBDC. it will end the nation as we know it, or at least the concept for freedom as we know it
Agreed! Why would anyone want a digital currency tied to the central bank in which the Govt can access and control??? Are you kidding? The only relief provided will be to the Govt who wants to dip in and take as much as they want/need whenever they want for any reason! ABSOLUTELY NO TO ANY CBDC EVER!!!!
Just in time for the 2025 inauguration. If Trump or RFK Jr win (which looks probable), the shitshow will belong to them. If I was more conspiratorial, I'd say all this was planned......but that can't be. :-)
Arguably, the reason they didn't adjust the MBS rate of QT is because they haven't achieved their 'target' of $35B once since they started. with current mortgage rates so much higher than those that have been locked in during the previous several years, far fewer people are selling their homes and retiring their mortgage so less MBS are getting prepaid. they will need rates to decline for MBS to start to come off the balance sheet at any reasonable pace. and we have already heard from Waller and it was confirmed by Powell last week, that they want to get rid of all MBS from the balance sheet completely, so when things do start rolling off, they will replace with treasuries.
https://neilwinward.substack.com/p/crazy-markets-driving-me-insane?r=af3i2
Money printer go brrrrr
I read somewhere that about $3 trillion of the Fed's covid helicopter money is still on the sidelines and as it trickles back into the economy, it is keeping inflation on the upswing or at least keeping it from falling much. The inflation we have had the last two years is baked into the economy and can over be reversed with disinflation. Even if these silly birds get inflation back below 2%, higher prices are now standardized in some respects.
The government will cut benefits, raise taxes, and reduce government spending by 50-75%. That solves it. Life will be different and will go one. Other counties will rise and fall. So it goes.
Federal Reserve Playbook Revealed: Interest Rates, Hyperinflation, Markets & QE
The green light has been given to set the sun on the US Empire
Substack Read: what's the DILL?
https://blackboxpolitics.substack.com/p/federal-reserve-playbook-revealed
"All this combines to tell us that inflation is here to stay."
GoverFed is feeling around for a way to finally nationalize the private sector entirely. When our rulers default on the federal debt in some way, create hyperinflation, or in some other way totally screw the pooch, the U.S. government has a fix ready.
The Fed CBDC will save the day. Using it, the government will make inflation illegal. It will make the crash illegal. It will make the depression illegal. It will make the private sector and freedom illegal.