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Re: Fed Prepares for Further Quant Easing

Posted: September 20th, 2016, 2:43 pm
by outrun
Let's drag this back on track:

Who wants to place a bet about the Fed raising the rates this fall?

Could be this week or November, or December.

Precise terms and delivery methods of any wagers please.
what about no rate rise before the election?
What's your two-sided market (odds) on that?

Re: Fed Prepares for Further Quant Easing

Posted: September 20th, 2016, 3:16 pm
by ppauper
Let's drag this back on track:

Who wants to place a bet about the Fed raising the rates this fall?

Could be this week or November, or December.

Precise terms and delivery methods of any wagers please.
what about no rate rise before the election?
What's your two-sided market (odds) on that?
it would be a bet with track for non-monetary stakes (songs, pictures of horses, and the like)

Re: Fed Prepares for Further Quant Easing

Posted: September 20th, 2016, 3:38 pm
by outrun
So "shut up and take my money" is not an option?

Will you sing a song for us and post an MP3 of that if track wins?

Re: Fed Prepares for Further Quant Easing

Posted: September 20th, 2016, 4:10 pm
by trackstar
what about no rate rise before the election?
What's your two-sided market (odds) on that?
it would be a bet with track for non-monetary stakes (songs, pictures of horses, and the like)
Sure, I'll take the other side of that.

So I will say rate raise before the election and ppauper says after, but this is only valid til December 31, 2016.

If I win, I would like a song this time.

If he wins, I will write a Donald a Trump parody/song.

Re: Fed Prepares for Further Quant Easing

Posted: September 20th, 2016, 4:57 pm
by ppauper
What's your two-sided market (odds) on that?
it would be a bet with track for non-monetary stakes (songs, pictures of horses, and the like)
Sure, I'll take the other side of that.

So I will say rate raise before the election and ppauper says after, but this is only valid til December 31, 2016.

If I win, I would like a song this time.

If he wins, I will write a Donald a Trump parody/song.
ok, it's a wager, and song lyrics it is

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 2:57 am
by trackstar
I am sure this brought joy to your Fed-loving heart today! :D

Fed sets stage for 2016 rate rise

Dissenting central bank trio votes for an immediate lift

https://www.ft.com/content/cb0f4316-802 ... c15fb462f4

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 7:34 am
by ppauper
I am sure this brought joy to your Fed-loving heart today! :D

Fed sets stage for 2016 rate rise

Dissenting central bank trio votes for an immediate lift

https://www.ft.com/content/cb0f4316-802 ... c15fb462f4
the Fed is  doing everything it can to help Hillary win
yellen helps clinton dodge a bullet
yellen denies playing politics

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 8:20 am
by ppauper
meanwhile,  even the UN is sounding off on the damage the Fed has wrought
UN fears third leg of the global financial crisis - with prospect of epic debt defaults

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 1:13 pm
by bearish
I am sure this brought joy to your Fed-loving heart today! :D

Fed sets stage for 2016 rate rise

Dissenting central bank trio votes for an immediate lift

https://www.ft.com/content/cb0f4316-802 ... c15fb462f4
the Fed is  doing everything it can to help Hillary win
yellen helps clinton dodge a bullet
yellen denies playing politics
Thought experiment: If you were a voting member of the OMC and your professional, educated and reasoned opinion was that a Trump presidency would most likely be a disaster for the US economy (leaving aside any non-economic considerations, as well as consequences for the rest of the world), wouldn't it actually be your job to try to prevent it? 

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 1:41 pm
by Traden4Alpha
I am sure this brought joy to your Fed-loving heart today! :D

Fed sets stage for 2016 rate rise

Dissenting central bank trio votes for an immediate lift

https://www.ft.com/content/cb0f4316-802 ... c15fb462f4
the Fed is  doing everything it can to help Hillary win
yellen helps clinton dodge a bullet
yellen denies playing politics
Thought experiment: If you were a voting member of the OMC and your professional, educated and reasoned opinion was that a Trump presidency would most likely be a disaster for the US economy (leaving aside any non-economic considerations, as well as consequences for the rest of the world), wouldn't it actually be your job to try to prevent it? 
Interesting!

If one's job is to maintain a stable currency, then a political candidate that would destabilize that currency by defaulting would be a problem that requires your attention.

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 2:25 pm
by ppauper
I am sure this brought joy to your Fed-loving heart today! :D

Fed sets stage for 2016 rate rise

Dissenting central bank trio votes for an immediate lift

https://www.ft.com/content/cb0f4316-802 ... c15fb462f4
the Fed is  doing everything it can to help Hillary win
yellen helps clinton dodge a bullet
yellen denies playing politics
Thought experiment: If you were a voting member of the OMC and your professional, educated and reasoned opinion was that a Trump presidency would most likely be a disaster for the US economy (leaving aside any non-economic considerations, as well as consequences for the rest of the world), wouldn't it actually be your job to try to prevent it? 
no, you would be acting outsie your mandate

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 2:35 pm
by ppauper

the Fed is  doing everything it can to help Hillary win
yellen helps clinton dodge a bullet
yellen denies playing politics
Thought experiment: If you were a voting member of the OMC and your professional, educated and reasoned opinion was that a Trump presidency would most likely be a disaster for the US economy (leaving aside any non-economic considerations, as well as consequences for the rest of the world), wouldn't it actually be your job to try to prevent it? 
Interesting!

If one's job is to maintain a stable currency, then a political candidate that would destabilize that currency by defaulting would be a problem that requires your attention.
then we both agree that yellen was lying when she said she wasn't playing politics

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 2:37 pm
by Traden4Alpha
Thought experiment: If you were a voting member of the OMC and your professional, educated and reasoned opinion was that a Trump presidency would most likely be a disaster for the US economy (leaving aside any non-economic considerations, as well as consequences for the rest of the world), wouldn't it actually be your job to try to prevent it? 
Interesting!

If one's job is to maintain a stable currency, then a political candidate that would destabilize that currency by defaulting would be a problem that requires your attention.
then we both agree that yellen was lying when she said she wasn't playing politics
But it's not "politics" if it's really economics.

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 2:53 pm
by ppauper
as for the fed mandate,
"The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices and moderate long-term interest rates,"
they're faking both the employment and inflation numbers
from shadowstats,
the "official" inflation rate is less than 2%, but with the 1980 methodology, it's what, 8%
Image
Courtesy of ShadowStats.com
the "official" unemployment rate is what, 4.5%, but the actual rate is close to 23%
Image
Courtesy of ShadowStats.com

Re: Fed Prepares for Further Quant Easing

Posted: September 22nd, 2016, 4:07 pm
by Traden4Alpha
And when Trump's import blockade raises the costs of most consumer goods, how will that affect the official and shadowstats CPI?

And when Trump's unemployed supporters discover there's no new "good" jobs because they don't have the skills to program robots and they can't get the skills because Trump's gutted education, how will that affect the official and shadowstats unemployment?