BUT THERE'' S ADDITIONALLY CATCHUP AND ALSO THE REBOUND FROM THE PANDEMIC HAPPENING AT THE SAME TIME >>> > > > IN HER LATEST OP ED, JUDE EJUDEY SHELTON WRITES THAT THE FED MAY SOON REQUIRED THE TREASURY'' S AID. JUDY SIGNS UP WITH US TODAY SHE'' S A SENIOR OTHER. SHE ' S THE AUTHOR OF “CASH DISASTER.”” AND ALSO I REALLY, RICK BROUGHT IT UP WE JUST SPOKE ABOUT IT. I WAS GOING TO TALK IN MORE GENERAL TERMS REGARDING WHAT'' S OCCURRING TODAY, BUT IT'' S OUT OF THE BAG. LET'' S, IT ' S A LITTLE ARCANE. IT IS INTERESTING, BECAUSE AS PRICES GO UP THE FED IS GOING TO HAVE TO PAY EVEN MORE ON THE INTEREST RATE THAT IT PAYS. THEY'' VE HAD MONEY UP TO THIS POINT.THAT ' S
SOON GOING TO DISAPPEAR, AND ALSO THEY'' RE ACTUALLY GOING TO PAY FINANCIAL INSTITUTIONS UP, REALLY HIGHER THAN MARKET RATE SO THAT THEY DON'' T LEND MONEY TO OTHER INDIVIDUALS NOT ONLY DOES IT PAIN THE SUPPLY SIDE OF MONEY GETTING OUT TO WHERE IT'' S NEEDED, BUT CONGRESS MAY NEED TO OR I ' M SORRY, THE TREASURY MAY NEED TO ACTION IN AS WELL AS COVER THE BILL FOR THE FED TO DO THIS FOR FOREIGN BANKS AS WELL >> > > THAT ' S CORRECT. AND ALSO I ASSUME IT'' S ESSENTIAL FOR THE AMERICAN INDIVIDUALS TO UNDERSTAND HOW THE FED ACTUALLY RUNS THAT'' S WHY IN THAT OP ED PIECE IN THE JOURNAL, I'' M ENCOURAGING THE FINANCIAL JOURNALISTS THAT WILL CERTAINLY PRESENT QUESTIONS TO CHAIRMAN POWELL, TO ASK SPECIFICALLY ABOUT THESE MECHANICS.I HAVE LONG BEEN AGAINST PAYING INTEREST ON RESERVES THESE ARE CASH ACCOUNTS THAT FINANCIAL INSTITUTIONS MAINTAIN AT THE FED. THEY ARE STERILIZED ACCOUNTS. THEY ARE PURCHASED ABSOLUTELY NOTHING THEY ARE NOT DOING ANYTHING TO SUPPORT PRODUCTIVE FINANCIAL ACTIVITY AND ALSO NOW WE ' RE DISCUSSING BY THE END OF'THE YEAR PAYING UP TO 3.5 %RATE OF INTEREST ON THESE RISK-FREE ACCOUNTS AND AFTER THAT YOU INCLUDE IN THAT THE REHOLD MARKET. AS WELL AS THEY ALSO ARE PAYING IN THAT CASE FINANCIAL INSTITUTIONS AS WELL AS CASH COMMON FUNDS AT OUR CENTRAL BANKS AND I BELIEVE AMERICANS WOULD BE INTERESTED TO KNOW THAT THE $190 BILLION THAT WE ARE AT 3.25 AT THE END OF THIS YEAR THAT THE FED WOULD BE PAYING TO FINANCIAL INSTITUTIONS AND ALSO MONEY MARKET FUNDS, I WOULD SAY THAT THE QUANTITY GOING TO FOREIGN-OWNED BANKS WOULD SURPASS 30%. AND AT THIS MOMENT, THE FED MAKING LESS THAN THAT ON ITS PORTFOLIO, THE TREASURY WILL NEED TO COVER THE VOID, PRLUS THS REMITTANCE SCHEME THAT THE FED HAS LONG ENGAGED IN. THEY PROVIDE 90 %OF THEIR PROFITS BACK THAT OBTAINS TIRED AS THESE RATES OF INTEREST INCREASE THE METHOD THE MECHANICS OF THE FEDERAL GET OPERATE. > > AND ALSO THE ECB PAYS ABSOLUTELY NO INTEREST ON DEPOSITS > > YES F > > IT ' S ONE TRILLION NOW. > > AS WELL AS THEY KEEP A HUGE FIRSTAGE OF THEIR >> POSSESSIONS >> IN'CASH FOR THAT REASON 41 >> %. THEY KEEP IT IN MONEY IN THE UNITED STATES BECAUSE THEIR OWN FINANCIAL INSTITUTIONS PAY, IT ' S An ADVERSE RATE FOR THE EUROPEAN CENTRAL BANK UNTIL RECENTLY. CURRENTLY IT ' S ZERO. AS WELL AS THE BANK OF JAPAN PAY AS NEGATIVE.1'% SO OBVIOUSLY THEY ' RE HAPPY TO GET PAID MUCH HIGHER PRICES IN THE UNITED NATHIGHER RATES IN THE UNITED STATES. I BELIEVE THEY EMPHASIZE ISSUES WITH THE FED BUT I ASSUME IT REQUIRES IT ' S WAY OFF GUSH IT ' S NOT DELIVERING SECURE PRICES IT ' S NOT SUPPORTING PRODUCTIVE FINANCIAL ACTIVITY. THE TARGET INFLATION PRICE SHOULD BE NO, NOT 2%. AS WELL AS MARKETS OUGHT TO PLAY An ESSENTIALLY MORE CRUCIAL ROLE IN DETERMINING RATES OF INTEREST. SUPPLY AS WELL AS DEMAND FUNCTIONED IN A FREE MARKET ECONOMIC CLIMATE TO OFFER YOU THE VERY BEST RATE. THE MARKET-DETERMINED RATE I THIN.
Free Prescription Drug Cards Coupons
