The Fed for 14 plus years they bought treasuries and mortgage backed assets as part of QE. They supported the tax cuts and COVID by buying an accelerated amount of them. As they raised rates and reduced the purchase program in 2022, the Fed is slowly removing their support of the economy.
Well the interest on the treasury payouts is almost 1 billion
Less money going out means the grabblers are satisfied
Even worse is the assets that the Fed holds are almost worthless, with yields worth fractions of what they are forced to auction today.
The banks aren't paying Jack crap
Yeah….. Just ignore gas. It’s manipulated to make people feel good. The US is in trouble.
%5 is so much fun…..
It's pathetic
They will get burned...
If I’m getting burned your getting torched…….. screw that. (Writing firm letter)
Bought pack of gum early last year for $1, then $1.29 today…..
We all see the lesson of diversification. You can invest in hard$ or stock market with cashapp or other apps. Do yo researchPension benefits at Yellow Corp. secured by Teamsters fund bailout this year
Yellow Corp. has ceased operations, and while employees will still take home their pension benefits, those benefits remain reduced from earlier troubles.www.pionline.com
National debt will be up ~10% this year. Approaching 1Trillion interest payments. Enjoy your raise….
The treasury is paid out at record amount of interest right now
Total fiat debasement. Bonds are a soft asset. Equities or Semi-hard assets grow with inflation …..lol. These people are managing retirements. $ is debt on paper in exchange for an IOU.
Social security?
Yeah they borrowed IOU from it. They let you know by saying it will be in trouble. Too big to fail….. Then comes printer. You will get it but rent/mortgage/gas
I should start burying nickels in my backyard?Yeah they borrowed IOU from it. They let you know by saying it will be in trouble. Too big to fail….. Then comes printer. You will get it but rent/mortgage/gas
I coinstared mine at grocery and bought hard $. Building up another collection. Taking longer though not as much change these days.
