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"buttressed" is another way of saying "supported"

Posted on: March 4, 2021 at 07:33:34 CT
ummmm MU
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And how exactly is the effect diluted when the federal funds rate is zero?

Also it's not zero.
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Just passed 28 trillion on the debt - Chievous'Bandaid MU - 3/3 18:57:55
     oh the places I'd go with that money - lqf2b8 MU - 3/3 21:37:32
          That would be enough to fund a colony on Mars and get the - TigerMatt - 3/3 22:32:42
     And that is only a concern when the other guys rise(nm) - raskolnikov MU - 3/3 21:26:41
     everyone should be angry - fatrat MU - 3/3 20:32:17
          Not after a Trillion and a half tax cut, but now? - raskolnikov MU - 3/3 21:32:46
               Tax cuts have nothing to do with it. It is a spending - TigerMatt - 3/3 22:25:09
     And? Nm - SparkyStalcup MU - 3/3 19:10:56
          And...it's going to take a lot of theft to service that debt - ummmm MU - 3/3 19:13:16
               Define theft nm - SparkyStalcup MU - 3/3 19:17:37
                    the forceful taking of property without consent - pickle MU - 3/3 19:26:00
                    You are truly an idiot(nm) - Panthera MU - 3/3 19:20:19
                    Taking property without right to it. (nm) - ummmm MU - 3/3 19:20:13
                         So why would taxes constitute theft? Did the government - SparkyStalcup MU - 3/3 19:25:57
                              Yes, of course (nm) - 90Tiger STL - 3/3 21:07:49
                                   What did they do? Nm - SparkyStalcup MU - 3/4 00:44:39
                              Yes, absolutely (nm) - mizzouSECedes STL - 3/3 19:43:05
                              Yes. Exactly. (nm) - ummmm MU - 3/3 19:28:55
                                   What exactly? Did the governed not duly elect its - SparkyStalcup MU - 3/3 19:32:19
                                        Correct. That has not occurred. - ummmm MU - 3/3 19:33:36
                                             Yes, we have not had a coup since 1776, and we - SparkyStalcup MU - 3/3 19:34:54
                                                  So you admit calling the capital riot a coup is bullshyte? - RHAYWORTH MU - 3/3 20:22:39
                                                       A coup would require regime change. Nm - SparkyStalcup MU - 3/4 00:28:40
                                                  ðŸ˜³ (nm) - MIZ45 MU - 3/3 19:36:17
                                                  My last post was ambiguous at first. Check my edit.(nm) - ummmm MU - 3/3 19:35:54
                                                       Ok, which election since 1776 was suspect? Also, is - SparkyStalcup MU - 3/3 19:40:40
                                                            2016. (nm) - ummmm MU - 3/3 19:41:32
                                                                 What was suspect about it? Nm - SparkyStalcup MU - 3/3 19:42:18
                                                                      RE: What was suspect about it? Nm - MIZ45 MU - 3/3 19:44:42
                                                                      Russian interference. (nm) - ummmm MU - 3/3 19:43:41
                                                                           So I'm guessing we brought the Russians to justice - SparkyStalcup MU - 3/3 19:46:46
                                                                                I sure hope so. I'd like a refund of all taxes taken from - ummmm MU - 3/3 19:48:19
                                                                                     I don't remember a change in president since 2016 - SparkyStalcup MU - 3/3 19:52:52
                                                                                          Probably. The extent of Russian interference is unknown - ummmm MU - 3/3 19:56:58
                                                                                               Ah, so no one actually did anything about the alleged - SparkyStalcup MU - 3/3 20:03:53
                                                                                                    No, it hasn't been retroactively corrected - ummmm MU - 3/4 07:34:14
                              Gvmt has never had consent of the governed (nm) - pickle MU - 3/3 19:27:13
                                   Ah, but that isn't really true, is it? Nm - SparkyStalcup MU - 3/3 19:27:52
                                        Yes, it’s really true - pickle MU - 3/3 19:30:55
                                             No, of course what you say is not true, at least not in a - SparkyStalcup MU - 3/3 19:33:58
                                                  yeah, that’s a lie and myth - pickle MU - 3/3 19:44:14
                                                       Ahhh, the ever "present" pickle reason and logic. So now we - SparkyStalcup MU - 3/3 19:59:56
                                                            Oh. Changing the subject. - pickle MU - 3/3 20:04:42
                                                                 No, not really. All of these things are related. You - SparkyStalcup MU - 3/3 20:12:14
                                                                      Yes, really. You just changed the subject - pickle MU - 3/3 20:23:42
                                                                           That's exactly true. There's the way the world is, and - SparkyStalcup MU - 3/4 00:30:54
               if interest rates go up, I'm not sure that there's enough - ashtray UF - 3/3 19:14:24
                    Interest have to go up - raskolnikov MU - 3/3 21:37:26
                         wut? (nm) - ashtray UF - 3/4 10:07:18
                    So is all that debt at a fixed rate, or is it adjustable? Nn - SparkyStalcup MU - 3/3 19:18:24
                         What percentage of your portfolio is in US treasuries? - Chievous'Bandaid MU - 3/3 19:23:55
                              Interest rate is well below inflation, yes? So the goverment - SparkyStalcup MU - 3/3 19:27:21
                                   Demand for US debt is disappearing - Chievous'Bandaid MU - 3/3 19:35:28
                                        It is? A look at T-bill rates says differently. Nm - SparkyStalcup MU - 3/3 19:44:36
                                             ...as buttressed by the Fed. (nm) - ummmm MU - 3/3 19:49:04
                                                  The Fed affects the Federal funds rate, not the rate for - SparkyStalcup MU - 3/3 20:02:27
                                                       "buttressed" is another way of saying "supported" - ummmm MU - 3/4 07:33:34
                                             Why is the fed needed to buy all this debt if demand is so - Chievous'Bandaid MU - 3/3 19:46:22
                         He's talking about notes that haven't even been - ummmm MU - 3/3 19:21:58
                              That very well could be; however, does the government - SparkyStalcup MU - 3/3 19:30:40
                                   The govt makes some loans, I guess. But its consumption - ummmm MU - 3/3 19:38:52
                                        I use the term inflation in the intended sense, not in - SparkyStalcup MU - 3/3 19:50:36
                                             Unabashed projection. - ummmm MU - 3/3 19:59:40
                                                  If more money is printed, but no spends it, does inflation - SparkyStalcup MU - 3/3 20:14:31
                                                       of course it does (nm) - ashtray UF - 3/4 10:09:59
                                                       Yes, inflation occurred by the printing of money.(nm) - ummmm MU - 3/4 07:31:38
          And thats bad. - Chievous'Bandaid MU - 3/3 19:12:08
               he's an MMT believer (nm) - ashtray UF - 3/3 19:12:28
     at what point does it become irreversible? - ashtray UF - 3/3 19:01:05
          Wen the fed started buying debt it was the start. - Chievous'Bandaid MU - 3/3 19:02:59
               it's fiat currency. of course it's a scam (nm) - ashtray UF - 3/3 19:03:46




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