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Regarding that question, I'm certain it wasn't.

I don't know, but they use to regularly both buy and sell treasuries on the secondary market to hit their aggregate reserve target and control the funds rate. Now that there is no reserve requirement they are mainly interested in putting a low floor under the funds rate, which I believe they...

A lot depends on Congress's fiscal policy. In an emergency, such as the Covid Crisis, Congress made the decision to pump more than a Trillion in. We are awaiting the next relief pakage. The fed doesn't make these decisions. When Treasury writes a check the fed sees that the check will clear...

Well said. Very well said,

Of course they do! We have a fifteen trillion dollar economy and all of that money passes through bank reserve accounts that are held at the fed, including the giant U.S. Treasury's account. The fed also can remove trillions of dollars from the economy as needed.The fed is tha banking arm of...

Oops. Serious typo in my later response. I stupidly wrote: that these different measures of death rate should be compared... when I meant the opposite, shouldn't I wish I'd have written instead: What's obviously happening here is that two numbers meaning two different things are being...

You can get away with this sly strategy here. In a Court of Law, however, the Magistrate would take a dim view of your obvious diversion from the topic at hand, gavel you down summarily, and order you to answer the question. "Mr. jem, your diversion into discussion of the types of...

I post this well-written article Re Sweden approach to Covid for those who are interested in a factual account of the Swedish experiment. This is excerpted from an Economist Article, which see for the complete article. see...

Hey, I just looked at this again. A rate must be a ratio. There are two different death rates to be computed, one for deaths relative to the entire population and one for rate among just those infected. The latter death rate per million would be computed by multiplying the the number of Covid...

Again jem. It's a very simple test even you can understand. If you own a business you will benefit from the businesses profits in one way or another. Who benefits from the Central Banks profits. It is you jem. The American people are the owners of the central bank. As the fed says, no one...

My data came from here: https://www.google.com/search?client=firefox-b-1-d&q=covid+death+rate+sweden Supposedly brought up to date daily. If you cn give me a link to your data I'll take a look at it. I think Buy1 is looking at some favorable sub period. I am looking at the composite data...

I am astounded by the magnitude of weak thinking sometimes evident in these forums. The U.S. never had, nor has, a uniform and highly coordinated attack on Covid, featuring universal manidatory mask wearing FROM THE ONSET.* The U.S. never had widespread consistent uniform testing with rapid...

Total Sweden Cases 97,532 +569 Recovered - Deaths 5,892 Death Rate, Sweden 6%; Death Rate, Michigan 5%; Death Rate, U.S. 3% (unreliable) ; Death Rate, Taiwan 1% (highly reliable) :D

If you insist on posting facts, your going to trash Buy1Sell2's world view.

OK. Good I see your understanding of the fed is beginning to evolve a bit in the right direction away from the "Creature from Jekyll Island" image. That's a step in the right direction. But you still have one big major hurdle to over come. You still somehow think the fed is privately owned...

I haven't a clue what you are babbling about. Do you? Covid death rate in France, 5% Covid Death rate in the U.S., 3% (Not reliable.) Covid death rate world wide 3% (Highly unreliable, include India, Russia, Brazil, etc.) Covid death rate Germany, 3% (Highly reliable) Covid death rate...

According to Piketty, it is due to the return on capital > economic growth rate. It's fixable of course, even with out making rich people significantly less rich, but since rich people rule, the fix will not be voluntary. That's why Guillotines are so useful.

Responding to jem. Not related to whomever jem was responding to. Oh my god, jem, er True Justice, you're still alive! Where have you been. We need you to add levity and nonsense to these forums. P.S. I love Canada. They have something we don't. A Mentally stable person at the top of...

I quoted accurate data, from reliable sources, for percentage of Covid cases, accurately diagnosed, that result in death. I also quoted accurate data for deaths from other flu virus. Do with it as you wish.

Neither you nor I have the ability to alter the death rates. The Flu's that we have developed vaccines and anti-virals for have death rates typically <1% ; Covid, a more pernicious type of flu, so far, 3-6 %, depending on cohort and location and development of medical treatment, i.e., Covid...