Anonymous ID: 000000 March 15, 2023, 11:01 p.m. No.18516607   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>6708



>They go back to QE infinity


disagree with your assessment on CBDCs though

Bahamas digital dollar is the model

Anonymous ID: 000000 March 15, 2023, 11:16 p.m. No.18516646   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>6691


agreed, fiat paper has blown vaulations out of whack

but the point of no return has passed IMO, there's no way to revalue PMs that much

so they will force a digital fiat dollar

no more lemon aid stands

no more garage sales or yard sales

every penny accounted for and the billionaire's get to keep their 000's in their bank accounts and the gov't gets complete control

although barter and trade will never fade awayโ€ฆdozen eggs and a chicken for an oil change as example

Anonymous ID: 000000 March 15, 2023, 11:58 p.m. No.18516744   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>6778 >>6782 >>6801 >>6909


>If I put $1000 in the bank, the bank needs to keep assets on hand to cover that in the event I make a withdrawl

we use fractional currency model. they take your $1000 but loan out $900 legally (read somewhere that there is only a small fraction of tangible dollars in circulation compared to the amount of currency on the books)

CBDCs will fix that issue.

When I think of monetary policy I look at Japan. Those blokes are so underwater their debt to GDP ratio is over 250%. so they just keep printing, now own 40% of the Nikkei

that's where this anon thinks it's headed, unless, like you mentioned, congress passes a bill to end the fed

Anonymous ID: 000000 March 16, 2023, 12:07 a.m. No.18516779   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>6791 >>6799 >>6808


can agree, banking sector is screwed, because of poor management

but that's where central banks "save the day"

they have an infinite amount of dollars to dole out and just like the SvB collapse, big brother comes to bail them out.

Credit Suisse is the same, 2022 the Saudis invested enough to gain 9% share of the bank. now CS secured $53 bln from โ€ฆ. central bank


Anonymous ID: 000000 March 16, 2023, 12:31 a.m. No.18516832   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun


the assets price will rise with more QE (or helicopter money)

as purchasing power of a dollar dwindles from printing, the asset's value should increase (food, energy, etc.)

of course, there can never be real price discovery in this model (expect always upward and inflated) but it can balance the ebbs and flows of the velocity of money

at least that's how i understand it