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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by Deutsche Gopher Fan View Post**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by French Rage View PostCutting rates doesn't magically fix our supply chain. And the issue isn't a drop in aggregate demand due to cyclical factors. That's like saying my house is on fire so I need to buy new tires for my car.
It does, however, save money for a guy with billions in debt.Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Hey just FYI, we now have negative real interest rates on the 30 year treasury. So if you have any very long term public investments that might have any positive return, we should probably consider doing them. pic.twitter.com/gpZRyZpGqu
— Neil Irwin (@Neil_Irwin) March 6, 2020Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by dxmnkd316 View PostHey just FYI, we now have negative real interest rates on the 30 year treasury. So if you have any very long term public investments that might have any positive return, we should probably consider doing them. pic.twitter.com/gpZRyZpGqu
— Neil Irwin (@Neil_Irwin) March 6, 2020Cornell University
National Champion 1967, 1970
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by Kepler View PostCan somebody explain this to me? If the ROI less inflation is negative why would anybody ever buy?
- If rates go even lower, the price will go up, so you could sell it at a gain that way. Sure it seems impossible rates can go lower, but they continue to do so.
- Central banks impose negative interest rates on banks cash deposits there, so a smaller negative interest rate on a T-security might be the lesser of two evils.
Probably some others I'm missing.
Cornell '04, Stanford '06
KDR
Rover Frenchy, Classic! Great post.
iwh30 I wish I could be as smart as you. I really do you are the man
gregg729 I just saw your sig, you do love having people revel in your "intelligence."
Ritt18 you are the perfect representation of your alma mater.
Miss Thundercat That's it, you win.
TBA#2 I want to kill you and dance in your blood.
DisplacedCornellian Hahaha. Thread over. Frenchy wins.
Test to see if I can add this.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by French Rage View PostA couple reasons:
- If rates go even lower, the price will go up, so you could sell it at a gain that way. Sure it seems impossible rates can go lower, but they continue to do so.
That's counter-intuitive but I guess I understand. It's like saying the absolute cost of your house doesn't matter for your eventual profit, all that matters is that value relative to your selling price.Cornell University
National Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by Kepler View PostSo you're saying the absolute rate doesn't matter; all that matters is whether subsequent rates are higher or lower. All points on the number line are equally safe/risky and the place where the rate crosses zero is meaningless?
That's counter-intuitive but I guess I understand. It's like saying the absolute cost of your house doesn't matter for your eventual profit, all that matters is that value relative to your selling price.
Cornell '04, Stanford '06
KDR
Rover Frenchy, Classic! Great post.
iwh30 I wish I could be as smart as you. I really do you are the man
gregg729 I just saw your sig, you do love having people revel in your "intelligence."
Ritt18 you are the perfect representation of your alma mater.
Miss Thundercat That's it, you win.
TBA#2 I want to kill you and dance in your blood.
DisplacedCornellian Hahaha. Thread over. Frenchy wins.
Test to see if I can add this.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by Kepler View PostCan somebody explain this to me? If the ROI less inflation is negative why would anybody ever buy?Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by French Rage View PostAssuming you sell at some point along the way, before it matures. If you buy at 104 and then redeem it at 100, that's bad for you. But if you buy at 104 and someone a week later will buy for 105, yay. Things are very different if it's a bond you're grandma buys for your 10th birthday and you hold it for all 20 years, versus if you're a bond trader for a fund or such.Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Saudis drop the big one on Russia and Iran.
Saudi Arabia plans to boost oil output next month to well above 10 million barrels a day, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia.
The world’s largest oil exporter engaged in an all-out price war on Saturday by slashing pricing for its crude by the most in more than 30 years. State energy giant Saudi Aramco is offering unprecedented discounts in Asia, Europe and the U.S. to entice refiners to use Saudi crude.
At the same time, Saudi Arabia has privately told some market participants it could raise production much higher if needed, even going to a record 12 million barrels a day, according to people familiar with the conversations, who asked not to be named to protect commercial relations. With demand ravaged by the coronavirus outbreak, opening the taps would throw the oil market into chaos.
Why now? Funny you should ask.
At 10:16 a.m. on a wet and dreary Friday morning, Russia’s energy minister walked into OPEC’s headquarters in central Vienna knowing his boss was ready to turn the global oil market upside down.
Alexander Novak told his Saudi Arabian counterpart Prince Abdulaziz bin Salman that Russia was unwilling to cut oil production further. The Kremlin had decided that propping up prices as the coronavirus ravaged energy demand would be a gift to the U.S. shale industry. The frackers had added millions of barrels of oil to the global market while Russian companies kept wells idle. Now it was time to squeeze the Americans.
After five hours of polite but fruitless negotiation, in which Russia clearly laid out its strategy, the talks broke down. Oil prices fell more than 10%. It wasn’t just traders who were caught out: Ministers were so shocked, they didn’t know what to say, according to a person in the room.Last edited by Kepler; 03-08-2020, 11:40 PM.Cornell University
National Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Monday will be interesting.
— Nick Dunn (@NickDunnCNBC) March 9, 2020
Dow futures plummet nearly 1,200 points, Treasury yields plunge amid oil price war from @CNBC https://t.co/Yd6jqC5kcX
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
This oil thing is maybe not so good. Higher prices in oil help drive the economy. Without a motive to pump oil, just running the wells becomes a losing enterprise. All of a sudden they fall into disrepair or the supply seizes. Now we have other industries shutting down because Oil can’t afford to take it in the pants like the saudis can short term.
Glad to have $1 gas, but oil at $50-$70 actually helps industry churn.Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Oil could his $20.
But that's not the worst. All the debt racked up on oil futures comes due in 2022. Prolonged cheap oil will cause great pain in two years.
Vladimir Putin just sparked what could end up being one of the ugliest oil price wars in modern history, and American oil and gas companies may be the victims.https://t.co/VzEBJcxz9D
— Julia Davis (@JuliaDavisNews) March 9, 2020“Demolish the bridges behind you… then there is no choice but to build again.”
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