this is why its sometimes hard to take you seriously, OSA.

if you use QE to legally counterfeit the dollar, then reinvest the counterfeit money into the market to pump up numbers, do you think thats good for the economy?

you love to say things like that without any apparent understanding of the repo market, or why its important, or apparently what the economy is.

either you're wrong and every brilliant economist is right or you need to tell me who your therapist is immediately.


moving on.


yellen had some interesting comments around april/may iirc saying shes not sure why the mechanics in place to prevent market meltdowns failed (!!!) so hopefully everyone is on their fucking A game come sunday night.