The slow puncture ain't so slow anymore.
The Fed announced that they are going to print hundreds of billions of dollars to buy mortgage securities and Treasuries. That's right. Treasuries. The Treasury Department can spend as much money as it wants without worrying about borrowing costs, because the Fed will print all the money it needs to buy all the Treasuries and keep interest rates low. It's essentially a perpetual motion machine of macroeconomics.
Junior Deputy Accountant has more detail and an appropriate picture.
The experts agree We're going Full MMT So start buying gold Mauldin Economics on the prestigious Camp Kotok economic gathering: ...
Gothamist : A 58-year-old taxi driver killed himself in his Queens home this month, marking the eight suicide in the taxi industry this yea...
There are very few financial problems that can't be solved by a suitable application of asset bubbles.