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    US Now Spends More Servicing Its Debt Than On National Defense

    There is another choice. You could realize you were wrong and change your mind.
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    Kremlin propaganda about Biden family payments - the Kremlin has gotten it right

    Sorry, but I am not as gullible as you may think. Do you have source for this claim, or did you just make it up. And haven't you obligated yourself to make the connection between "guns, prostitutes and crack," and "kick backs"? Were you implying in your post that the Kremlin is your source...
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    Russia & Ukraine

    The Zelenskyy government has been very tough on corruption. Under Russian dominance Ukraine was incredibly corrupt, just as Russia is. Now, Ukraine has shown they want nothing more to do with endemic Russian corruption, or indeed anything Russian... Yet another reason the Western democracies...
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    US Now Spends More Servicing Its Debt Than On National Defense

    House Republicans are planning to fix this problem.:D
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    Russia & Ukraine

    This kind of reasoning would explain more than you might realize.
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    Russia & Ukraine

    Finally! What is the point of giving just enough help to Ukraine to assure the war goes on forever when we have at our disposal everything they need to win it decisively.
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    Kremlin propaganda about Biden family payments - the Kremlin has gotten it right

    But Hunter isn't President, so why do you care?
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    What's Your favorite frozen dinner or food?

    without sodium you will die, but you will die anyway. So what difference does it make? :D
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    regional bank scare 2.0?

    These are serious problems you mention. We need to fix them. But I think not to be laid on the Fed. More later.
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    regional bank scare 2.0?

    IMO it's categorically wrong to blame the Fed for this, although I see it done over and over again.. The Fed facilitates the rich getting richer, but it seems they have no choice if they are to do their job well. This phenomenon of the rich getting richer is a fundamental characteristic of...
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    Can Central Banks Control Inflation With Negative Real Rates?

    Just so we all understand, negative nominal rates are a Central Bank thing. Banks can experience negative rates on their unused reserves, i.e., their Central bank charges a fee to keep money deposited in reserve accounts. A retail borrower will never experience negative nominal rates, but of...
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    Can Central Banks Control Inflation With Negative Real Rates?

    Congress could do it easily via fiscal measures, but it seems that it would be difficult if not impossible for the Fed to do it so long as important real rates, like rates on new mortgages and corporate bond rates remained negative. That, I suppose, is the reason the fed will raise rates until...
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    Russia & Ukraine

    It would be virtually impossible for either Russia or the U.S., or any modern nation running on fractional reserve banking, to return to gold backed currency, and it would not be desirable to do so, even were it not virtually impossible.
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    This sums up the problem with todays athletes

    At least you put your post in the right company with a link to an anecdote about an athlete who got into trouble with the law and vegetables that kill arm fat "overnight."
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    Election 2024 Foreplay

    The FBI may have responded by neither confirming nor denying the existence of such a document (which they actually did I believe) and/or respond by explaining why they could not provide such a document, even if it did exist... Either way The House Committee may claim the FBI never shared the...
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    Fed distortion

    talking about collateral then. The fed may not do the calculation the way your broker would.
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    Election 2024 Foreplay

    That's the problem in a nutshell (a nutshell?). Those few million Fox viewers are controlling the narrative in the House right now, or is Fox controlling the narrative in the House via the brains of its viewers?. I don't know. All I know is that something is very wrong. I, which is where it...
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    Schwab is taking me for a ride!

    Well, you have to decide, if it is money you want t have ready to trade with or invest at a moments notice, leave it in a sweep account, and get nothing in the mean time. Otherwise if it is not money you want instantaneously available buy some T-Bills. They are very flexible in maturities of...
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    Election 2024 Foreplay

    Listening to FOX "News" is one thing. Believing what they say is another. The latter is clearly dangerous. Quite a few people are now in prison or on their way because they believed and acted on what they heard on the FOX "News" Channel.
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    Schwab is taking me for a ride!

    Why not just just buy some TBills from the Treasury. They are paying around 5 % or so right now I think (Haven't looked in a little while). It will keep you even with inflation (sort of), and 100% safe (unless Congress tells the Treasury not to pay on our debts.)
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