Zoltan Pozsar On Money Market ‘Singularity’ And War Finance
“If the Fed is backstopping the credit market, why wouldn’t it backstop its natural habitat?”
“If the Fed is backstopping the credit market, why wouldn’t it backstop its natural habitat?”
We’ve been here before.
“We’re not going to shy away from them.”
“Full faith and credit of the United States’ debt obligation is sacrosanct”.
Don’t forget the lessons from March.
“Strong fluctuations are therefore to be expected.”
“I’m sure people will be very happy to get a big, fat, beautiful check”.
“…if the amount of ‘oxygen’ is insufficient, some parts of the economy will suffer irreparable damage.”
“Hourly workers have seen hours, shifts, and operations come to a full stop.”
“These are administered markets.”
17 million claims in three weeks versus $2.3 trillion in Fed lending.
The swap lines aren’t enough. And neither is the foreign repo facility.
Over the past several weeks, central banks globally have been keen to emphasize the extent
“We stayed in our positions and in retrospect we should have cut all risk”.
“They should help support smooth functioning of funding markets”.
“Whatever it takes”, I suppose.
“If you reelect this administration, this is what you’re going to get”.
“…a strange hybrid of tacky glitz and truck stop, bumper sticker jingoism.”
Go higher and never stop.
Call it a quid pro quo.
“Do you ever have déjà vu, Mrs. Lancaster?”
“We’re facing a crisis that’s holding back our economy and crushing millions of American families”.
“It is too early to break out the ‘mission accomplished’ banner”.
A laughably overwrought ceremony at the Fairmont in Riyadh featured green lasers…
It will be the biggest public company by a country mile.
The amount the plan would raise in revenue: More than $2 trillion over ten years, Schakowsky claims.Â
You must be logged in to post a comment.