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  • Federal Reserve announces the establishment of temporary U.S. dollar liquidity arrangements with other central banks

    From federalreserve.gov

    The Federal Reserve on Thursday announced the establishment of temporary U.S. dollar liquidity arrangements (swap lines) with the Reserve Bank of Australia, the Banco Central do Brasil, the Danmarks Nationalbank (Denmark), the Bank of Korea, the Banco de Mexico, the Norges Bank (Norway), the Reserve Bank of New Zealand, the Monetary Authority of Singapore, and the Sveriges Riksbank (Sweden). These facilities, like those already established between the Federal Reserve and other central banks, are designed to help lessen strains in global U.S. dollar funding markets, thereby mitigating the effects of these strains on ... (full story)

I'll say it again. They are fighting major deflation. Here is another way to print money. I hope you are holding dollars. I am.
I was Short USD and Long XAU. So many cheap money, XAU can fly
  •  Guest
  • | IP XXX.XXX.114.59
Yes, it is currently deflationary and pro dollar. But once the US stimulus takes place, which basically means the end of central bank independence (there is de facto no independent central bank when you have the Fed financing trillions of dollars of federal deficits to replace the incomes of hundreds of millions of people - all power returns to the government), this will reduce the value of the dollar. Of course many other countries will have to do the same - de facto end austerity, de facto end central bank independence and run deficits of many % of GDP to directly pay and/or employ people or guarantee their incomes. But given the majority of the world's debt is in USD or has been undertaken to finance USD-linked affairs, the USD will take the hit.
Quoting Skracor247
I'll say it again. They are fighting major deflation. Here is another way to print money. I hope you are holding dollars. I am.

As law of demand and supply, if so many goods in market, the price will be?

The question is. Can you pay more bill if you cant go to work?

And if this world do that. Can they pay their debt?

So finally?
Quoting diky
{quote} As law of demand and supply, if so many goods in market, the price will be? The question is. Can you pay more bill if you cant go to work? And if this world do that. Can they pay their debt? So finally?
The idea is that when you have deflation you hold on because you will make money on your trade. Then when you see inflation you switch to another currency and make money while that one is strengthening. Basic, yeah?
And....

ECB Print trash.... I saw it....why didn't sell E???
😱

Bitcoin??

Ten % up.

Nice 👏👏👏👏
Bitcoin is trash. Even if 20K in 5 minutes, it's the same useless computer trash. It will get dumped like shit if any crisis.
It has no ground. No inherent value.
Thanks Federal Reserve
Quoting Not-KPMG
And.... ECB Print trash.... I saw it....why didn't sell E??? Bitcoin?? Ten % up. Nice
I can handle all the 10% ups. I can't handle the 50% downs. I am also holding Euro short. Heh.

I play the game. I know they won't last forever. Every fiat currency has eventually gone to its true value. But, you usually get 50+ years where it is not toilet paper. I think we are coming to the end of the cycle of these current fiats. Only time will tell.
we will have a big correction for usd. make yourself ready to sell it vs most currencies. most interesting is Cad, AUD, NZD, GPB,
US stocks and gold are still fascinating.
Quoting Skracor247
{quote} I can handle all the 10% ups. I can't handle the 50% downs.

I am also holding Euro short. Heh. I play the game. I know they won't last forever. Every fiat currency has eventually gone to its.. nly time will tell.
Euro monthly channel.

Bitcoin will be up before 50 years
I'll say it again. They are fighting major deflation. Here is another way to print money. I hope you are holding dollars. I am.
Beware of Not-KPMG big mouth crypto shills !

The only reason the crypto big mouth crooks buy this worthless bitcoin trash is because they hope the next stupid guy will be tempted to buy more.
There's no other reason for a trash like bitcoin to grow.

Why do you think the McAfee crypto big mouth fanatics scream everywhere calling people to buy the crypto trash ?!?
Do you really think they care to educate you ?
Do you really think they care to make you rich?
Quoting TudorIoan
Beware of Not-KPMG big mouth crypto shills ! The only reason the crypto big mouth crooks buy this worthless bitcoin trash is because they hope the next stupid guy will be tempted to buy more. There's no other reason for a trash like bitcoin to grow. Why do you think the McAfee crypto big mouth fanatics scream everywhere calling people to buy the crypto trash ?!? Do you really think they care to educate you ? Do you really think they care to make you rich?
You truly don't know anything about bitcoin and are really ignorant. But as a trader you should know one thing: if any asset, whether its bitcoin, gold or fiat cash drops in value and rises back, the road has been established and you can walk that road again. That means that bitcoin survived first sell-off wave and will survive second too. Otherwise it would fail during 2018 already. So seriously - stop talking about stuff you have zero idea about (like what is the intrinsic value of bitcoin).

Also - everything is down including gold.
  •  Guest
  • | IP XXX.XXX.20.86
Quoting Skracor247
{quote} The idea is that when you have deflation you hold on because you will make money on your trade. Then when you see inflation you switch to another currency and make money while that one is strengthening. Basic, yeah?
Can you explain it in detailed?
Quoting Guest
{quote} Can you explain it in detailed?
The short answer is Supply and Demand.

The detailed answer would take a full college course on Macro Economics. I don't think I could handle that right now. Not only that but economic theory is contested.
Quoting Skracor247
{quote} The short answer is Supply and Demand. The detailed answer would take a full college course on Macro Economics. I don't think I could handle that right now. Not only that but economic theory is contested.
Economic theory... not too sure if that is the operating principle happening at the moment. What is happening has been observed in rats. Population excess needs to be moderated, usually that happens thru war. This time it's a common flu virus. If the markets can shed 35% with out ill effect then the population can do the same, then perhaps we will return to common sense, courtesy and respectful behaviour patterns?
  •  Guest
  • | IP XX.XXX.180.215
Quoting Guest
Yes, it is currently deflationary and pro dollar. But once the US stimulus takes place, which basically means the end of central bank independence (there is de facto no independent central bank when you have the Fed financing trillions of dollars of federal deficits to replace the incomes of hundreds of millions of people - all power returns to the government), this will reduce the value of the dollar. Of course many other countries will have to do the same - de facto end austerity, de facto end central bank independence and run deficits of many...

I agree with every jot, with the exception that is no longer 'inflation' but hyperinflation just after this last world-wide coordinated central bank intervention. Furthermore, since the 2007 global financial crisis after having bailed out most of the tier 1 and tier 2 banks utilizing tax payers money the U.S. government has had its grip on most corporations & the middle-class economic infrastructure died in the 70s, at least in the U.S. which now most of the buying in the stock market are again tier 1 and tier 2 banks either nationals or internationals on behalf of their private clientele.

Reduced the power of the dollar? Have you even factored in why Russia, China, along with other countries are massively buying gold? Does inflation and intrinsic value ring a bell?

Cheers
  • Post #19
  • Quote
  • Edited at 6:55am Mar 20, 2020 4:41am | Edited at 6:55am
Quoting mades
{quote} You truly don't know anything about bitcoin and are really ignorant. But as a trader you should know one thing: if any asset, whether its bitcoin, gold or fiat cash drops in value and rises back, the road has been established and you can walk that road again. That means that bitcoin survived first sell-off wave and will survive second too. Otherwise it would fail during 2018 already. So seriously - stop talking about stuff you have zero idea about (like what is the intrinsic value of bitcoin). Also - everything is down including gold.
Your assessment is beyond imbecility
Do you know what I know about bitcoin, you arrogant bastrad ?
Have you checked my thead ?
2018, 2020 ...Bitcoin use to crash deeper than any asset because was the same trash as it is today
Bitcoin failed miserabily because it was built for such global crisis we have today.
But it was dumped like shit !
So you don't know anything about bitcoin, just blabbering around.
You little imbeciles never learn, so ignored, ..don't want to see you around my thread
  •  Guest
  • | IP X.XXX.176.80
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  • Story Stats
  • Posted: Mar 19, 2020 9:02am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 19  /  Views: 14,317
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