Dow?
- Thread starter irvinehomeowner
- Start date
NEW -> Contingent Buyer Assistance Program
Fix bad debt with more debt...the Fed kicking the can down the road. Unfortunately they can keep kicking the can for longer than all of us will live.
Thanks for a good laugh. It made my day.
I said this before, at this rate, we can all retire right now.
Uncle Powell will prints greenback, hand it off and Congress continue to do helicopter drop for us with no consequences,,,,forever. This is after all QE Infinity, open ended. Let?s Make America Great Always. MAGA
While I think Trump has some good ideas, many of his is bad to counter. Like, he have the total authority over the States, to call for end lock down. Luckily, the written constitutions prevents this from happenning and proven Governor's has the authority over their states and not his to call. I wish there is a written constitutions for everything, to prevent bad decisions but there isn't. Just like going negative interest policy (NIRP). That will put a nail in the coffins for old folks. Then, I would think that his base would completely evaporate. Negative interest rate is bad, bad, and bad. It then better to print money to no ends and buying everything and anything. This is exactly what the FED is doing rather than NIRP. Screwed it, if you can't fight the FED, join the FED.
Agree, we will become Japan 2.0 but with higher population growth.
Print baby print!
How many times have you said this? I don't think we can compare countries in this or any other manner.
They are the closest thing we have to look at when it comes to massive national debt per GDP and going negative interest rate (which Trump has been floating lately)
We are #1 in the world in terms of GDP and Japan is #3.
Japan has been battling deflation for a long time and we will face a lot of deflationary pressure stemming from this COVID crisis.
It's not off base to compare IMO.
One of the big things left that our Fed hasn't done yet that the Japanese Fed has been doing is buying stock ETFs. But I think if the market starts tanking again, I wouldn't rule out our Fed buying SPY, DIA, and QQQ to prop up the market.
Funny you mentioned immigration. Isn't tightening immigration what Trump ran on?
Japan under Abe has seen big rise in Japanese nationalism, quite similar to Trump's rhetorics.
Japan just announced a massive $1 Trillion stimulus. Twice bigger than Trump's stimulus, if you consider the size of our GDP is 4 times larger.
This isn't really about cultural issues. It's really about how a country can survive massive national debt (which many thought was impossible) and how the 3rd largest world economy manage a negative interest rate.
usctrojancpa
Well-known member
zubs said:
Fix bad debt with more debt...the Fed kicking the can down the road. Unfortunately they can keep kicking the can for longer than all of us will live.
zubs
Well-known member
Yes we suffered through this same type of unlimited money printing back in 2010.....so are we now due for 10 years of increasing real estate and stock prices?...Issue low interest bonds to buy your own stock to goose up stock prices? Where will it end? DOW 50,000!!!
I haven't heard "DON'T FIGHT THE FED" for about 8 years now, but you see it popping up again.
https://www.youtube.com/watch?v=3nlvk7qFHTw
I haven't heard "DON'T FIGHT THE FED" for about 8 years now, but you see it popping up again.
https://www.youtube.com/watch?v=3nlvk7qFHTw
irvinebullhousing
Well-known member
zubs said:
Thanks for a good laugh. It made my day.
I said this before, at this rate, we can all retire right now.
Uncle Powell will prints greenback, hand it off and Congress continue to do helicopter drop for us with no consequences,,,,forever. This is after all QE Infinity, open ended. Let?s Make America Great Always. MAGA
irvinebullhousing
Well-known member
https://www.yahoo.com/news/trump-says-hes-interested-another-173929813.html
House Democrats are pushing for more generous direct payments to Americans as the coronavirus pandemic plunges the country into what experts have predicted will be a long recession.
The Internal Revenue Service has begun sending one-time checks of up to $1,200 to many Americans as part of the recent $2.2 trillion COVID-19 relief package.
House Speaker Nancy Pelosi told Democrats during a conference call on April 6 that a bill Congress was negotiating with the Trump administration could amount to more than $1 trillion and include another set of direct cash payments.
My questions is when will the printing press stop and what will be the implications of these actions? Will our children have to work for nothing in the future to pay for these debts because all of these free money has to be monetized and pay for somehow?
Every actions will have a equal and opposite reactions, and I don't know when it will explode again with these free money. Seem like one explosion will be follow by a greater explosion.
House Democrats are pushing for more generous direct payments to Americans as the coronavirus pandemic plunges the country into what experts have predicted will be a long recession.
The Internal Revenue Service has begun sending one-time checks of up to $1,200 to many Americans as part of the recent $2.2 trillion COVID-19 relief package.
House Speaker Nancy Pelosi told Democrats during a conference call on April 6 that a bill Congress was negotiating with the Trump administration could amount to more than $1 trillion and include another set of direct cash payments.
My questions is when will the printing press stop and what will be the implications of these actions? Will our children have to work for nothing in the future to pay for these debts because all of these free money has to be monetized and pay for somehow?
Every actions will have a equal and opposite reactions, and I don't know when it will explode again with these free money. Seem like one explosion will be follow by a greater explosion.
irvinehomeowner
Well-known member
If they VAT toilet paper and paper towels, it will pay for itself. 
Since toilet paper has become a hot topic, here is a good article to read while you're sitting on the toilet rationing toilet paper.
What Everyone?s Getting Wrong About the Toilet Paper Shortage - It isn?t really about hoarding. And there isn?t an easy fix.
https://marker.medium.com/what-everyones-getting-wrong-about-the-toilet-paper-shortage-c812e1358fe0
What Everyone?s Getting Wrong About the Toilet Paper Shortage - It isn?t really about hoarding. And there isn?t an easy fix.
https://marker.medium.com/what-everyones-getting-wrong-about-the-toilet-paper-shortage-c812e1358fe0
irvinehomeowner
Well-known member
But this thing won't fit next to my toilet:
irvinebullhousing
Well-known member
Kenkoko said:
While I think Trump has some good ideas, many of his is bad to counter. Like, he have the total authority over the States, to call for end lock down. Luckily, the written constitutions prevents this from happenning and proven Governor's has the authority over their states and not his to call. I wish there is a written constitutions for everything, to prevent bad decisions but there isn't. Just like going negative interest policy (NIRP). That will put a nail in the coffins for old folks. Then, I would think that his base would completely evaporate. Negative interest rate is bad, bad, and bad. It then better to print money to no ends and buying everything and anything. This is exactly what the FED is doing rather than NIRP. Screwed it, if you can't fight the FED, join the FED.
usctrojancpa
Well-known member
Kenkoko said:
Agree, we will become Japan 2.0 but with higher population growth.
usctrojancpa
Well-known member
Compressed-Village said:
Print baby print!
aquabliss
Well-known member
Futures are way up because some drug from Gillead that?s getting good results?https://www.statnews.com/2020/04/16...uggests-patients-are-responding-to-treatment/
irvinehomeowner
Well-known member
USCTrojanCPA said:
How many times have you said this? I don't think we can compare countries in this or any other manner.
irvinehomeowner said:
They are the closest thing we have to look at when it comes to massive national debt per GDP and going negative interest rate (which Trump has been floating lately)
We are #1 in the world in terms of GDP and Japan is #3.
Japan has been battling deflation for a long time and we will face a lot of deflationary pressure stemming from this COVID crisis.
It's not off base to compare IMO.
Such an interesting compare. Japan has the 1st world's tightest immigration, which if they loosened would drive growth, and most immigration would be semi to highly skilled. Largest target would likely be India as the Japanese are great admirers of Indian software prowess and overall schooling philosophy. Tough to attract other "Asian" cultures due to extreme Japanese racism towards those cultures.
Can the Fed execute their debt mopping-up in the same manner the BOJ has for 30 yrs?
Can the Fed execute their debt mopping-up in the same manner the BOJ has for 30 yrs?
usctrojancpa
Well-known member
OCtoSV said:
One of the big things left that our Fed hasn't done yet that the Japanese Fed has been doing is buying stock ETFs. But I think if the market starts tanking again, I wouldn't rule out our Fed buying SPY, DIA, and QQQ to prop up the market.
OCtoSV said:
Funny you mentioned immigration. Isn't tightening immigration what Trump ran on?
Japan under Abe has seen big rise in Japanese nationalism, quite similar to Trump's rhetorics.
Japan just announced a massive $1 Trillion stimulus. Twice bigger than Trump's stimulus, if you consider the size of our GDP is 4 times larger.
This isn't really about cultural issues. It's really about how a country can survive massive national debt (which many thought was impossible) and how the 3rd largest world economy manage a negative interest rate.