I am in college and took 1 economics class. Does the Fed buying locking rates to 0% equate to a guy sucking his own penis? | |
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Anonymous Coward User ID: 1936157 United States 11/19/2012 02:45 PM Report Abusive Post Report Copyright Violation | Re: I am in college and took 1 economics class. Does the Fed buying locking rates to 0% equate to a guy sucking his own penis? Or a snake eating its own tail? How can this even happen for long, much less to announce how long you are going to do it for? They don't really explain a whole lot yet. Quoting: Anonymous Coward 1467058 No they don't. However the only reason it is not like sucking your own dick is because we have the world reserve currency. The world is forced to buy our currency if they want their country to have commodities like oil. North Korea refuses, and North Korea is a fucking shithole without any power. If the bretton woods system was not in place and we did not have the world's reserve currency? Well we would have been sucking our own dicks for too long and blown our on loads down our throats and choked to death on the cum... just sticking with your analogy. |
Anonymous Coward User ID: 27249373 United States 11/19/2012 02:49 PM Report Abusive Post Report Copyright Violation | Re: I am in college and took 1 economics class. Does the Fed buying locking rates to 0% equate to a guy sucking his own penis? They define "toxic" as "illiquid" aka nobody wants to buy them; which is a good indication of their true worth. Blowing up the whole economy with future inflation to make sure a few financial institutions get to reap the benefit of ill-advised derivative contracts doesn't seem particularly fair or intelligent. |
Anonymous Coward User ID: 28075846 Poland 11/19/2012 02:49 PM Report Abusive Post Report Copyright Violation | Re: I am in college and took 1 economics class. Does the Fed buying locking rates to 0% equate to a guy sucking his own penis? |