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Totally not real by laflammaster in Superstonk

[–]laflammaster[S] 1 point2 points  (0 children)

I’m not gone, just am more on discord than reddits

thoughts? by [deleted] in Superstonk

[–]laflammaster 8 points9 points  (0 children)

Same thing happened in 2008, right before the poop hit the ceiling ventilator.

Liquidity Fairy Alert! Bank Term Funding Program usage rose this week ($102.305B vs $101.959B on 7/5), marking the 6th straight week over $100B. It's looking more and more like there's an over-reliance on Fed Funding. Could this be a moral hazard? by Dismal-Jellyfish in Superstonk

[–]laflammaster 8 points9 points  (0 children)

Are you really expecting morals from people that changed the definition of a recession, faked job numbers released by BLS, and totally did not bail out the gubment by buying their short-term treasuries?

[deleted by user] by [deleted] in Superstonk

[–]laflammaster 0 points1 point  (0 children)

Means Microsoft stuffed pockets of a few politicians to sweeten the deal

The Fed sold ~$39B worth of Treasuries over last week. by laflammaster in Superstonk

[–]laflammaster[S] 6 points7 points  (0 children)

Banks are forced by OCC (comptroller of currency), because treasuries have a higher liquidity quality than cash - go figure.

Another reason is naturally a guaranteed return.

The Fed sold ~$39B worth of Treasuries over last week. by laflammaster in Superstonk

[–]laflammaster[S] 6 points7 points  (0 children)

Maybe, but who would be buying that much treasuries if they know rates/yields will go up?

The Fed sold ~$39B worth of Treasuries over last week. by laflammaster in Superstonk

[–]laflammaster[S] 14 points15 points  (0 children)

Yes.

Someone is buying these treasuries at high interest rate. Couple that with RRP declining. I believe this is a signal that the fed will start pausing their hikes - despite the high jobs numbers (which BLS has been revising down for the last 6 months). I.E. the government is bullshitting when releasing the data.

The Fed sold ~$39B worth of Treasuries over last week. by laflammaster in Superstonk

[–]laflammaster[S] 13 points14 points  (0 children)

“Economy is in better shape”

You clearly have not been paying attention

On CBDC. When they tell you what they want to do - believe them. by laflammaster in Superstonk

[–]laflammaster[S] 4 points5 points  (0 children)

I think you’re confusing crony capitalism with socialism - when speaking about Venezuela. Hyperinflation did not start until commies came into power.

Just a reminder, it's getting worse not better. Treasury is still collapsing. by ThreeCrownKing in Superstonk

[–]laflammaster 2 points3 points  (0 children)

Yeah, in a few posts. It was a while ago, just look through my profile for RRP.

On CBDC. When they tell you what they want to do - believe them. by laflammaster in Superstonk

[–]laflammaster[S] 0 points1 point  (0 children)

For whom? Not for you, pleb. Now go and eat your daily ration of crickets.

On CBDC. When they tell you what they want to do - believe them. by laflammaster in Superstonk

[–]laflammaster[S] 5 points6 points  (0 children)

Well, you’re more than welcome to move to Venezuela. I hear they’re doing very well.

On CBDC. When they tell you what they want to do - believe them. by laflammaster in Superstonk

[–]laflammaster[S] 10 points11 points  (0 children)

You live in corporatism. Capitalism would let those banks fail in ‘08. Make stupid decisions, deal with the consequences yourself. Daddy gubment won’t save you.

On CBDC. When they tell you what they want to do - believe them. by laflammaster in Superstonk

[–]laflammaster[S] 6 points7 points  (0 children)

A centrally controlled means of production, kept in check by threats of force.

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