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a succinct read about rebuttal of mmt https://williamhgross.com/credit-supernova-redux/ The creation of credit in our modern-day fractional reserve banking system began with a deposit and the profitable expansion of that deposit via leverage. Each additional dollar of credit seems to create...

i think it is just a pr stunt, they will void the trades in accordance with the exchange price.

no, ib should not be at risk because its role is not market makingm, unless it trades against its cusomters. no one would blame ib for not accommodating the orders if the exchange busts the trades. there is also a question about who are the sellers at that price, not very clear in the article...

why would they determine to fill the trades if the exchange declines to so?

no, that’s the assumption, all legislations have a sunset clause, so in long term we just don’t know.

both are incorrect. japan debts are held by domestic insurance companies, that’s true to only a certain extent. japanese banks and insurance companies are in turn lend the money and/or invest the funds overseas. us debts are held mainly by domestic as well, and invest the money inside the us.

how's that newsom's problem? our system is not flat. city problems are those of majors, and no goverment experience necessary to run for office.

idk why folks are piling into the high, the risk reward is not here to be milked, frosty! all techs are red.

Gavin Newsom Is Ready for the Biden Emergency https://www.bloomberg.com/opinion/articles/2024-06-28/gavin-newsom-is-a-top-democrat-to-replace-joe-biden?srnd=opinion

i have faith in elon, 234 is next target.

plan to short cl next week once i free up some margin, expect retrace to 80 after holiday.

the rule is clear, potus resigns, vp takes over. i think joe could win if newsom be on the ticket. he always says he is a one term president to prevent trump’s win. and trump is still a whiner in every turn.

joe is too old, newsom as vp, in case joe couldn’t live another full term. trump is just the same stupid trump, me me me.

someone got the pce number

good one-;)

tightest weekly range so far this year, tomorrow will have a move, likely to the downside.

bear is in control albeit slowly, no impetus to push up

if you want to keep the underlying as long term position, sell weekly or bi-weeekly just 2-3 ticks above the largest strike volume. you can always roll up or down.

think about it, you can make 4.576 million in a single day.

World’s first carbon tax on livestock will cost farmers $100 per cow https://www.cnn.com/2024/06/26/business/denmark-cows-carbon-tax/index.html Livestock farming has a particularly big impact, accounting for around 12% of global emissions in 2015, according to the United Nations’ Food and...