@11112011 who'd bother speaking when the printer is so loud
@11112011 post-1913 government is an inflationary phenomenon, fuck off Carney
@aral still dreaming of ww3 huh
@NBS is there any good literature on the mechanics of this? the line between propaganda and technical information is always foggy to me in this field
specifically bond vs equities vs commodities
@NBS so the term "policy error" that is being thrown around is a reflection of long bond markets, not a general consensus?
@coolboymew 200 hours in gimp
you better appreciate what I do for you
@NBS "policy error" ... markets are pricing in the perception that the fed has made a mistake and will have to cut rates down the line.
I understand that everyone is up to their necks in debt, and that the market can only sustain minimal hikes before widespread bankruptcy and "contagion"...
what I don't understand is:
a) what is stopping the fed from sustaining these hikes, and damn what the markets are predicting?
b) what possible course other than sustained low rates would not be seen as policy error? is there some magic pace of rate hikes that the market would nod sagely at and start to pay down what they owe?
@augustus if the US state department can keep its grubby mitts of, could be cool
@tfb no, but I've been meaning to work some electronics myself
I'd be interested to hear how it goes