yeah. cut out the middle man. We create money, give it to banks and then borrow it back from them, hoping they will then distribute it to the society at large but in stead they put it in a big box and then take more money from the government. Simply ...

That is why they are so concerned about inflation. With inflation, taxes will rise enough to offset the increased interest payments. Without inflation, increased interest rates will create a negative cycle of increased debt at higher interest.

My thoughts exactly. Also, to be fair to JY on Wednesday she said that the majority of her colleagues think a rate hike is appropriate

Good bye and good riddance

The never ending story. Yeah, we are happy to raise the rates... if we feel like it. And we will feel like it if the economy looks the way we want it. and no, these other things like China don't really matter...unless they do.

if stocks and oil pops and China disappears from the front page we will get our hike. If two out of the three then we will probably get a hike. If none of the three then no hike. And the presumes that all stays well with the US economy. So in other ...

Well you are consistent.

55 now

Nah. If I could make that much I would wait a couple years more and then buy the world... Seriously, what you say has the ring of truth. I have made 10% in a day, but when all my wins and losses are averaged out it works out to just about .3%. I ...

The really funny thing is that with this move the fed has effectively devalued the USD by about 3% and with more to come, but nobody accuses them of currency manipulation - unlike the Chinese. The really funny part is that the fed has effectively ...

This seems quite high. 1% per day on a consistent basis works out to 1200% yoy 2% per day is 14100%yoy 5% per day is 19830000% yoy. So a $1000 dollar account that produced 5% returns each and every day would be worth just about 2 hundred million ...

down she goes... but unlike last time, nobody seems to be paying attention.

Absolutely insane. Give the banks tons of cash and then pay them not to use it. This may be the best way to do it, but it just seems wrong. The really scary thing is that this approach is theoretical as it has never been tried before. Fortunately ...

Why is everybody looking for some magic conspiracy theory. For the last six months the euro/usd has been trading in a largish range (300-600 pips or so) continual pressure to the top side. A couple of weeks ago the Euro had a new higher high and ...

He makes a pretty good case. In theory there should be a massive inflationary event somewhere on the horizon with creation of so much new currency with zero interest rates and QE. Best to start preparing for the storm now.

Nothing wrong with the technical analysis... except that for every technical pattern there is one with exactly the same set up which points in the exact opposite direction. For example, while he is quite right that it could be a bear flag, it could ...

rather than the menu

I guess their plan is to make all oil producing companies come to the table so that once again they have a cartel where they can control supply, one in which Saudi threats have real teeth.

I think cause and effect are reversed here.

yeah, zero hedge, the merchants of doom. i have to admire their persistence.