This page has been archived and commenting is disabled.
Keep It Simple, Stupid...
ZIRP...
QE...
Welcome To The New ParaNormal!!
h/t @RudyHavenstein
- advertisements -
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
If all else fails, just drop Benja.. I mean... $100 Bernanks from planes & trains like it's sugar cane!
Hopium, it's what's for dinner.
So THATS what Yellen's been baking in her bagina!
Sorry to be pedantic but shouldn't the X and Y axes be reversed and on log scale so that fuckedupedness reaches infinity on the X-axis whilst the Fed balance sheet continues to increase?
Methodology is hard,
but I think that's what they've got. Fuckupedness increases exponentially with expanding Fed Ass Hats;)
Fucking criminals.
No, just get a crayon and make X and Y a whooooooole lot longer.
That's cocktail napkin charting. we're lucky it's even readable.
I hate to be technical but "Fuckedupness" and "Fed Assets" are the same thing. You need a constant - eg. time - to plot a graph. Otherwise, the more vertical that graph goes, the less fed asset per fuckedupness there is, until eventually at vertical, there would be no more gain in fed assets, when that is not the belief system of Keynesian economists.
Wait, is that graph drawn in crayon?
Don't forget tipping off insiders so they can front run. In Australia, the markets moved a minute before the central bank rate announcement yesterday.
http://www.smh.com.au/business/comment-and-analysis/markets-moved-ahead-...
@Dr Benway,
The RBA decision wasn't "front run". Quit listening to the BS.
Smart traders shorted the crosses (3-5 mnutes) before the RBA announcement. There wasn't any "front running". The A- Hole aglos got caught short, before they saw the cross bids!
Thank the SNB for another mess. (aud/chf). The RBA was golden, and the release was perfect!
Ask Art Cashin, if you don't believe me.
I'll bet you're long aud/jpy right now?
Well that's certainly reassuring news, my faith in the markets is hereby officially restored. Until the next ABS stat leak that is.
I have to take umbrage at using the words "RBA" and "golden" in the same sentence though. Also not long the aud/jpy.
EXACTLY!
Forget over thinking the problem....DO NOT THINK AT ALL AND YOU WILL BE FINE.
Fuckeduppedness is in what units? Bernankes?
Destitute Homeless Beggars.
bps - Bullard per second
home brew chart porn...nice
Yeah, looks like they even got the kids involved.
Eww, does that make it child porn?
Now extra strong to numb the pain of observed mass delusion.
that makes sense of the non sense,
= sovereignty/printing.
question, for whom does the process
benefit and promote? at what "cost"
loss or detriment?
What do you expect from PhD economist smoking crack cocain?
http://www.dailymail.co.uk/news/article-2974029/Top-economist-advised-Ge...
Keep doing drugs until the charts look normal.
Good thing I'm not in Congress and able to question the Chairman. I'd ask:
1. What is more predicatble, the economy or the weather?
2. To read or listen to your statement, why do I not hear or read one declarative statement?
Is trust or faith in a prediction really just a matter of the proper use of adverbs; and if so, what do you really contribute to the conversation if you are too afraid to make an educated guess?
3. What is the total amount of stimulus injected into the economy since 2008?
4. What is that in per capita terms?
5. Who has benefited most from these capital injections? The banks? What has providing them with 7 years of free money produced?
6. Are you familiar with "r>g"? Applied to banks, what would this formula produce?
5. Would you say the QE experiment is complete? What % towards completion would you assign it? If it fails, what will your (the Feds) mia culpa sound like?
Call the burn clinic- that first chart really stings. They love when you guys do this, no doubt.
"Now go away and let us be independent."
That chart at bottom was probably the clearest I've seen in decades...gets right down to the heart of it.
And here's the 3 month T-Bill Rate
http://bullandbearmash.com/chart/monthly-3-month-tbill-remains-flat-pers...
The Fed Funds rate is taken from the 3-month T-bill rate - kinda like copying someone's homework and calling it your own.
looks Bullish to me!
My wife and daughters are still laughing at Daddy for trying to pronounce fuckupedness with my head tilted at 90 degrees.
I’m calling JPM tomorrow to see if they’ll make me an offer on a ‘Fuckupedness Index Call Option”. Hopefully I can lift the offer before Goldman or some algo front runs me.
They don't want a full recession, so they keep easing. The Great Moderation is a failure. Large parts of the economy are addicted to cheap money and only exist because of the cheap money. It's interesting how the Fed treats interest rates as a method to stimulate growth and guide the economy. Slash rates to create growth, raise them to fight inflation. Has it not occured to them that low rates don't necessariy generate real growth? Growth as in investing in more capital goods. Interesting how they turned interest rates as lever than a real atrribute of a market economy.