CUT THE FUCKING RATES, YOU DAMN PIECE OF DEMOCRAT SHIT. STOP ACTING LIKE A POLITICIAN. AMERICANS ARE DYING, JUST CUT THEM RATES, THIS IS WHAT YOU ARE EMPLOYED FOR

>>508934608 (OP)
Umm that would destroy the entire system we’ve built. That’s not what you want, is it?

No.

>>508934608 (OP)
No, it's very simple. We need high rates to make our bonds more attractive to institutional buyers. Also it kills zombie companies. Both good things.

>>508934608 (OP)
>independent central bank shouldn't be independent
>t. history repeater who doesn't learn from history

Central banks should only answer to the BIS

>>508934742
(((Independent)))

>>508934742
Learning from history is specifically why it repeats you broken fucking record.

>>508934608 (OP)
If the rates go lower then the treasury won't be able to sell the huge amount of treasury bills it needs to sell. They could have a higher treasury bill coupon rate than the federal funds rate, but that would be problematic (leading to bank failures).

>>508934608 (OP)
Who's the retarded kike faggot that appointed this guy?

>>508934608 (OP)
It would send inflation out of fucking control.
The stock market won't stop pumping.

>>508934608 (OP)
>STOP ACTING LIKE A POLITICIAN
that's exactly what you're doing right now though, trying to get short term political wins because you're a niggerfaggot and you're NOT American
fuck you

>>508934919
Trump appointed him, and he's no kike. Learn from history.

>>508934608 (OP)
Trump appointed btw.

The central banks—and the Federal Reserve in particular (as issuer of the world's default reserve debt note fiat currency denomination)—have painted themselves into a corner.
Global debt aka bond market is more unstable and volatile than it has been in half a century. Nobody wants to buy the debt, there's a vast glut of it. And since the 2000s central banks have kept interest rates artificially low, which has encouraged global HNW malinvestment and furtherance of the post-1970s Financialization of the global economy and the investment banks' black box gigacasino (which is totally segregated from the Real Economy of goods-services-commodities).
So they have fucked themselves and us:
>if they lower rates, it simply makes global HNW malinvestment and Financialized speculative debt instruments worse, bringing the global bond market collapse closer
>by keeping rates higher, the Fed will implode the national banking system which started cracking under the strain two years ago with SVB, along with both commercial and residential real estate which is also collapsing

>>508934950
>Trump's no kike
Spiritually he is.

>>508934608 (OP)
Trump is the one who picked him. If Trump wants to not be a little bitch he has the power to make the fed not independent and fire Powell, but he won't do it because he is a bitch

>>508934681
We also need much higher rates to correct the real estate market back to realistic levels.
10%+ for about 5 years or so.

The point of the fed to is protect the banking system. If Trump overrides the fed then banks are going to be failing left and right and the whole world economy is going to be imperilled.

>>508934876
nice try
people forget the reason central banks are independent is because when they aren't, they become enablers of government spending
history is littered with corpses of empires whose kings directed their mints to debase the currency so they could fund vanity projects and opulent lifestyles

>>508934675

>>508934984
>SVB
That was because rates went up and institutions were facing a loss on the face value of the bonds they were holding. If rates stay at this level, the same thing is not going to happen

>>508934984
>Nobody wants to buy the debt, t
Force them.
Make the call.

>>508935209
China isn't buying that shit it any more. Japan wants to follow the orders, but they need to sell their own bonds to raise money to buy the US ones and they are running out of people to buy their bonds.

He made it very clear
Hes not lowering rates until Trump stops tarrifs
It's a gross violation of his office but at least he admitted it

>>508935321
The real reason is that they don't want to undercut the rates that t-bills will need to be sold at, and the fed are being careful not to call that out (as it would be telling the world that they are cornered).

>>508934608 (OP)
I've been making quite a good bit of money by parking 750k into t-bills. But sorry you're poor.

>>508935209
>>508935310

(there's no "force") The issuance of debt note fiat currency *REQUIRES* that the debt be bought.
Debt has to be bought in a system where the currency denomination(s) are backed by nothing else, but debt.
Bonds need to be sold on the bond market, and someone *has* to buy them. They can't go unsold

https://archive.4plebs.org/pol/thread/500310690
Couple years ago, the Bank of England was forced to put bonds back onto its balance sheet (buy them up) in order to keep U.K. pensions from imploding

>>508935114
>empires whose kings directed their mints to debase the currency
thank goodness that will never happen here

>>508935550
Sure, the reserve banks can buy the debt (monetisation), but they don't want to do that as it is very inflationary. It was better when they had a nice cycle going where China and other foreign countries would put the savings they accumulated from their current account surpluses into US treasuries.

>>508935114
>nice try
Where do they get their source material from? Meteor scrying?

>people forget the reason central banks are independent is because when they aren't, they become enablers of government spending
There is no such thing as an "independent bank". I know you're gonna cope and try and name one, yet it's going to be a cope and ultimately I'm going to look into this bank and figure out that it's yet another Goldman Sachs bitch nigger.

>history is littered with corpses of empires whose kings directed their mints to debase the currency so they could fund vanity projects and opulent lifestyle
Now did these kings happen to be victorious and write this history your fact checking with or did you just synthesize all of that on "the correct history" hand delivered to you from earths Amazon ring camera? A jew could at least clip a coin, nobody wants to clip a debt note.

>>508935033
They will auto-correct as the deportations increase to some degree as well.

>>508935197
>Australia flag 6 pbtid
The banking system is even more exposed and insolvent now, than it was two years ago. Many national banks' balance sheets are massively leveraged and interdepented upon Financialized speculative instruments, that are directly connected to bond asset holdings. It is this kind of jenga-tower malinvestment clusterfuck that is going to be the undoing of both the banking system and real estate overall, which is comprised of all sorts of gigaleveraged speculative confections such as MBSs and credit default swaps. All banks have this stuff on their balance sheets (it's just not publicly revealed, admitted or reported) in spades.
National bank balance sheets are a petri dish of speculative debt instrument malinvestment that is just waiting for a slight breeze to implode them.

>>508935728
Inflation is the overall effect of the *tandem* gigaexpansion of fiscal(gov spending) and monetary(treasury + central bank "moneyprinting") policies, that have now reached a rubicon. For the United States—issuer of the world's default reserve debt note fiat currencyu denomination USD and treasuries—Interest Payments on its debt now outstrips all discretionary spending.
The lions share of U.S. gov budget, goes to interest payments

Any 'nice cycles' are over with. The U.S. has about 4 more years and $12T of $2T-annum deficits before total default, but the system isn't going to last even that long. Global debt aka bond market will implode before the end of this year.


a prescient December 2019 panel six years ago, on the future of this post-Bretton Woods global system:
https://www.youtube.com/watch?v=SMHQaxd5N-Q