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Forum: Teams
Thread: Minnesota Crunchers |
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Thread Status: Active Total posts in this thread: 6194
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Warpedcow
Advanced Cruncher Joined: Mar 21, 2009 Post Count: 148 Status: Offline |
They have manage to do this, some British economist count that central bank has now use 90% of it's money, and it seems to me that there is not much LVL on market because central bank is forced to buy all of them. Sounds like they are defending their currency. Apparently this is the only way they defend its value, raise the interest rate to give the investor a good return. Attract foreign money to make the currency desirable. Only a short term fix. They can not do this indefinetly. The market will eventually decide what the currency is worth in terms of the surrounding currencies. Hope you make some money. You can also increase the value of currency by reducing the supply of said currency. Hopefully the US Fed will do this in a few years, otherwise we're gonna be screwed by the inflation of all this BS "stimulus" spending.
Gaming/HTPC: Intel Q9550 @ 3.5ghz, 4GB DDR2, Radeon HD 4850
Primary Server: Intel Q9550 @ 3.0ghz, 8GB DDR2, Radeon HD 4830 Backup Server/Gaming: Intel Q9550 @ 3.4ghz, 8GB DDR2, Radeon HD 4870 My ICF Home Build: http://icfbuild.blogspot.com/ |
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Sgt.Joe
Ace Cruncher USA Joined: Jul 4, 2006 Post Count: 7662 Status: Offline Project Badges: 
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You can also increase the value of currency by reducing the supply of said currency. Hopefully the US Fed will do this in a few years, otherwise we're gonna be screwed by the inflation of all this BS "stimulus" spending. You are right about the one way to increase the value of the currency. Another way is to increase the productive capacity of the underlying economy. Hopefully the Fed does have an exit strategy for the massive amount of liquidity they have injected into the system. If they do not we will have inflation, no question about it. However much I dislike the stimulus spending I do think it is a necessary, short term(and I emphasize short term) fix for the liquidity crisis. I see they now want to make the Fed the "Super Regulator". I think that is too much power concentrated there. The government needs to insist the existing regulators do their jobs. Half the reason we got into this fix is the failure of the SEC and the Comptroller of the Currency to do their jobs. The other half was unbridled greed by Wall Street and the financial industry. Alt-A balloon no interest mortgages come to mind. This was a financial instrument that had no business being written in first place, much less being securitized. Just my two cents worth. Cheers
Sgt. Joe
*Minnesota Crunchers* |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
Looks like St. Cloud is getting hammered by tonight's storm. Hang on to your hat Sgt.Joe!!
 I'm part of skywarn and it looks like a late night tonight. |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
It totally fell apart by the time it got to the cities.
 Still have not had a thunderstorm at my house this year. Very strange.  |
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Sgt.Joe
Ace Cruncher USA Joined: Jul 4, 2006 Post Count: 7662 Status: Offline Project Badges:
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Looks like St. Cloud is getting hammered by tonight's storm. Hang on to your hat Sgt.Joe!! I'm part of skywarn and it looks like a late night tonight. It was a little rumbler. Only 1/2 inch this morning. Looks like the bulk of it went to the north of me. Cheers
Sgt. Joe
*Minnesota Crunchers* |
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Warpedcow
Advanced Cruncher Joined: Mar 21, 2009 Post Count: 148 Status: Offline |
Half the reason we got into this fix is the failure of the SEC and the Comptroller of the Currency to do their jobs. The other half was unbridled greed by Wall Street and the financial industry. Alt-A balloon no interest mortgages come to mind. This was a financial instrument that had no business being written in first place, much less being securitized. To be fair, lots of banks weren't greedy and were nowhere near collapse. IMHO, the ones that were greedy mostly did so because the government practically forced them to with Fannie and Freddie handing out loans to people who should never have been able to qualify for a mortgage: http://query.nytimes.com/gst/fullpage.html?re...20fannie%20mae&st=cse AEI saw it coming ten years ago . . .
Gaming/HTPC: Intel Q9550 @ 3.5ghz, 4GB DDR2, Radeon HD 4850
----------------------------------------Primary Server: Intel Q9550 @ 3.0ghz, 8GB DDR2, Radeon HD 4830 Backup Server/Gaming: Intel Q9550 @ 3.4ghz, 8GB DDR2, Radeon HD 4870 My ICF Home Build: http://icfbuild.blogspot.com/ [Edit 1 times, last edit by Warpedcow at Jun 22, 2009 2:18:52 PM] |
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Sgt.Joe
Ace Cruncher USA Joined: Jul 4, 2006 Post Count: 7662 Status: Offline Project Badges:
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Half the reason we got into this fix is the failure of the SEC and the Comptroller of the Currency to do their jobs. The other half was unbridled greed by Wall Street and the financial industry. Alt-A balloon no interest mortgages come to mind. This was a financial instrument that had no business being written in first place, much less being securitized. To be fair, lots of banks weren't greedy and were nowhere near collapse. IMHO, the ones that were greedy mostly did so because the government practically forced them to with Fannie and Freddie handing out loans to people who should never have been able to qualify for a mortgage: http://query.nytimes.com/gst/fullpage.html?re...20fannie%20mae&st=cse AEI saw it coming ten years ago . . . I agree. AEI ? American Electric Institute ? Cheers
Sgt. Joe
*Minnesota Crunchers* |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
My goal of 100 million is very close now  99,120,537 counting down...........  Accumulated Points: 99,998,104 Tomorrow morning should do it!!! 100 million - 9 digits baby! whoooo hooooo |
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ultimaThule
Veteran Cruncher Joined: Apr 27, 2007 Post Count: 825 Status: Offline Project Badges: 
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Accumulated Points: 99,998,104 Tomorrow morning should do it!!! 100 million - 9 digits baby! whoooo hooooo Have you ever concern if you would get cent from every point? If not, then please do not  Accumulated Points: 52,397,585  |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
Accumulated Points: 99,998,104 Tomorrow morning should do it!!! 100 million - 9 digits baby! whoooo hooooo Have you ever concern if you would get cent from every point? If not, then please do not Accumulated Points: 52,397,585  100,045,064 |
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