Tag Archives: Fed

The Fed changes gear

  By Mystic | December 14, 2012 - 05:55 | , ,
17 Comments

23

This odd result has created what I think is one of the more amusing equilibriums in monetary politics. Hard money types would like nothing more than to see their favorite asset, gold, revalued. But they don’t actively pursue the idea because of the expansionary effects a revaluation would have on the Fed’s balance sheet. Easy money types would like nothing more than to see the government get billions in free cash, but don’t like the idea of the barbaric metal getting a leg up. The upshot is that gold stays valued at its archaic price of $42.22.

16:20 min.

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Lemmings (I think not)

  By Mystic | November 17, 2012 - 04:02 | , ,
21 Comments

It seems to me, that Washington knows what it is doing.
I don’t think the individuals do, but the institution works well (kinda by accident).
The `trillion dollar deficits` have been spot on economically.

(Even the Fed has played a blinder).
Tax income has been going up nicely.
They may want to cut some spending, but `entitlements` are too contentious.
There is plenty of slack in the `defence` budget (and I would love to know why that won’t be cut~?!)
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Trouble may arise, when they `stop and think about it`; but there is no sign of that happening yet.

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Banks are sovereign

  By Mystic | November 30, 2011 - 10:03 |
14 Comments

The US economy is the best of a bad bunch.
The Eurozone economy is the worst.
Why is it so bad~?….
Because we seem to be moving into a era of government controlled economies (and the Eurozone doesn’t have a government).
Audio -

13:41 min.

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Banks+Governments = 1 package

  By Mystic | October 31, 2011 - 12:02 |
14 Comments

Central banks get their charters (license to print) from governments.
This is a pact between devils, the banks and the government, who both get what they want – They both get a sugar daddy.
The banks pay by having to submit to governmental regulation.
The government pays with the promise of tax-payer money if things get way out of control.
Audio –

19:15 min.

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World Economic News (Thu 14th. April ’11)

  By Mystic | April 13, 2011 - 11:44 |
19 Comments

US housing, QE2, Banking, Energy, Diesel, UK inflation, Arab revolts, China, Brazil.
[audio:http://overthepeak.com/wordpress/wp-content/uploads/2011/04/Thu14April.mp3|titles=Thu14April]


Links – 1. 2. 3. 4. 5. 6. 7. 8. 9.

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World Economic News (Thu 7th. April ’11)

  By Mystic | April 6, 2011 - 11:18 |
9 Comments

Does QE raise commodity prices~?  Will inflation be transitory~?  China raises rates, Vietnam same, China’s system, Strong Yen, Greece and Ireland, Hugh Hendry, Gas prices.
[audio:http://overthepeak.com/wordpress/wp-content/uploads/2011/04/Thu7April_001.mp3|titles=Thu7April_001]


Links 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

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