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  1. S

    New Book Launch

    Couldn't get a publisher?
  2. S

    'Free Money' About to Cause Big Problem: Welch

    I think so. Despite all the chicken littles on ET (on both wings of the political spectrum), there's no reason to think the policy levers of raising fed fund rates, reverse repos, and (if it comes to it) increasing the discount rate can't control the inevitable inflation (though not hyper)...
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    'Free Money' About to Cause Big Problem: Welch

    Yes. I'm rather sure. They'll keep paying for a very long time. First, they are no getting robbed. OPEC is happy to price oil in dollar and china is happy to invoice in dollar so long as the goods are still being sold in dollars and dollar consumers is still around. Now, I suppose RMB can...
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    'Free Money' About to Cause Big Problem: Welch

    Well.... duh.... and the sun will one day no longer rise. The question is indeed when. It won't be tomorrow. It won't be next year. It won't be next decade. And it won't be because of QE.
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    'Free Money' About to Cause Big Problem: Welch

    It's amazing that your can be a moderator at a trading website while still being so completely ignorant of basic finance. Raising rates will DECREASE the present value of outstanding debt (treasury bonds, as you will note, have fixed coupons); Finally, given the dollar is the world's...
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    Really stupid question

    Which part of this is the question you ask? You can buy and sell them on secondary markets. And/Or, You can hold them to maturity and earn yield (not coupon).
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    CIA Officials Admit To Faking Bin Laden Video

    So Hitler didn't die in 1945? Saddam wasn't hung? What happened then? Who covered it up? and for what reason?
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    CIA Officials Admit To Faking Bin Laden Video

    Leaving bin laden out for a second - are you saying hitler and saddam did not exist?
  9. S

    This Profits/Return Exceeds the Historic Winning Runs

    Is it tax free for US or EU citizens?
  10. S

    was the US attacked by Global Terrorists?

    I'm a us treasury bond trader at a large institution. I have no idea what this means. UST has a HUGE secondary market. So it's no surprise that the total volume traded is many times the original issuance (same in equity, no?) If the cranks meant that there are 'shadow' us treasury bonds of...
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    Buy write income strategy

    Um.... are you sure you thought this through? Say EBAY goes to $20 next month. You rewrite your call at $20. EBAY then goes to $25. You lost $14.25 on the stock less a few bucks of options premium. That's not coming back.... There goes your 52% annualized return.
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    Who Creates Billionaires? Stocks or Forex

    Quick Bearice - better go tell Bloomberg to flash your new insight to every trade on its terminals.... Is there no end to your stupidity?
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    why must oil exporting nations peg their currency to the dollar?

    Okay - say the Saudi oil is now traded only in freely floating $SA. So, to buy oil, you need to first buy $SA with dollar, euro, or whatever. So, there's a constant demand for $SA vs other currencies in order to buy oil. So, $SA will be a very very strong currency. Now, suppose Libya is...
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    Markets to be still flooded with money

    No. I don't understand this thread at all. The reason for the 'dual' mandate is precisely because there are two goals that are both desirable but not always mutually attainable. Thus, the Fed is forced to make policy decisions that try to find the middle ground. This is a good thing. No one...
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    Markets to be still flooded with money

    So the Fed should wait until there's substantial deflation, and then spend just enough to get the price level to spot falling. Okay - fine; Prices are stable. The govt will continue to be enact fiscally contractionary policies (as Japan's did, and as we are now). The economy continues to...
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    Markets to be still flooded with money

    I agree with "unemployment is better served through FISCAL policy, not MONETARY." entirely. Given we are in a fiscal tightening mode (with Obama raking businesses on one hand, and tea partiers going down the path of austerity in the other), shouldn't be some somewhat thankful that the central...
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    Markets to be still flooded with money

    It's called getting into the middle ground... trying to find the right trade off between inflation and employment level... hence,'dual' mandate. Let me put it this way: in your mind, what is the right mandate for the Fed?
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    Markets to be still flooded with money

    So the Fed should then either seek absolute price-level stability even at 20% unemployment, or 100% employment with 100% inflation? No kidding it's the two goals are at odds - if it weren't, you wouldn't need a freaking 'dual mandate' - only one would do. Look - There are PLENTY of...
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    Special Drawing Rights (SDRs) and Soros' Bretton Woods.

    It's something the IMF created. IMF has been trying to drum up interesting in these SDRs for sometime (and china, like PIMCO, periodically talk up this stuff whenever they need the dollar to be a little more favorable so they can buy more USTs). In any case, there's no liquid markets for this...
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    Markets to be still flooded with money

    Huh? How is that the case? How does any of this follow from what I was talking about?
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