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The posts from "Frog," and "Black Cat," either have an malicious origin or influence from outside the U.S., or the people posting them are lunatics. I don't know which. But regardless, the lack of sound logic in these rather crazy posts is quite evident.

This seems somewhat wrong to me. Excess reserves are held at the fed in electronic form and would be of no use were there to be a "run on the bank" and depositors all tried to withdrew their money and demand cash. I think the regulation (LCR) is more there to protect the Government than it is...

We are courting disaster because of our incompetent leadership at the top which has directly resulted in a lack of adequate testing. The U.S. is on the path to a disaster of monumental proportions due to the absence of a fully coordinated effort at the federal level and dependence on piecemeal...

The U.S. on a par with the Western Europe, Canada and Scandinavian Countries in that regard. You can't compare nominal numbers without regard for population. The U.S. for example is 36th in the world in terms of access and outcomes in medical care. That's just one area where the U.S. lags. But...

Germany can do that because they can test. The U.S. can't test so it can't do that. To be able to put people back to work you have to be able to test everyone going to work. That means testing asymptomatic people which have high infection rates in some instances. The U.S. only tests people...

There is no head of the G7! The United States is the next Host Country for the G7 Meeting.

As of this moment there is only one highly effective measure that can be taken to combat the COVID-19 threat, and that is to test everyone, not just those with symptoms as we are doing now. Asymptomatic, but infected, individuals are spreading the virus as effectively as those with symptoms...

That was hours versus weeks under Trump's administration.

it may make sense to buy refiners here. what do the rest of you think?

I made no such claim. What do you mean by "government business" ? To paraphrase what I wrote it was that in an open economy that trades with other nations the flow of aggregate savings is equal to the government's deficit plus investment plus net exports. So far as I am aware that is correct...

In the U.S. the kits are used to obtain and ship the swabs to a lab that than carries out Reverse Transcriptase PCR that first transcribs minuscule amounts of viral RNA into DNA and then greatly amplifies the amount of DNA so that its presence is easily detected. Nowadays, this is fairly...

Of course I am not. Why would that be an assumption? How bizarre...

U.S. numbers must be understated because of the lack of testing.

Why?

why wouldn't anyone want to get Trump out of the Oval Office as quickly as possible? For god sake , look at his recent pronouncements, uninformed bullshit actually, re status of the Covid 19 crisis and the governments response... Pathetic.

Why bother with nominal numbers the way the media would. Only the relative drop is important.

This amounts to arm waving on your part. I was not as clear in my response to you as I might have been. For convenience I used a simple example where there is no trade imbalance to consider. If foreign sector involvement is added where there is a trade imbalance, the principles are essentially...

I'm not really. What I have said applies to countries whose economies are part of the global economy. In fact all industrialized nations are, today, to one extent or another, participants in the global economy. The underlying constraint for all nations that have their own fiat currencies is...

He certainly left a lasting impression on CDC scientists when he visited the CDC and bragged about how he really gets this virus thing. If he is as "tremendous" at "the virus thing" as he was at making a deal with his best buddy, Kim Jong-Un, our nation might be headed into very "deep doo...

you cut them when rates too high are part of the problem. They are not part of the problem. We need fiscal action and competent crisis management from the top. Instead we have a bunch of acting agency heads some of whom are incompetent. A President who would start reading his daily briefs...