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AIG sells $39.3 billion in assets to NY Fed's fund

Goldenboy219 said:
I was just trying to give you a general explanation due to the fact that you were unaware of the term. You brought up Adam Smith....
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I don't know young man, search france, search adam smith, then get back to me about who is unaware.....:roll:
 
Goldenboy219 said:
Jackboot,

I was studying Austrian theory (of which you seem to draw many of your opinions from) 6 years ago. Guess what??? It is not applicable to the real world. Everyone from Ron Paul to Peter Schiff were claiming that this crisis would result in inflation following the first wave of defaults.

The exact opposite came to pass.

I advise you to either make a point, or move along. Your personal attacks only devalue your reputation.
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Grow up son, inflation will come, do you know what the interest rate is today?

What sort of grades are you getting?
 
Jackboot said:
I don't know young man, search france, search adam smith, then get back to me about who is unaware.....:roll:
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Then who wrote this?
Jackboot said:
Enlighten me, where is this "political economy" exactly?:confused:
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The fact that you said where is actually quite telling :lol
 
Goldenboy219 said:
Then who wrote this?
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I asked you to explain it, and you don't even realize how adam smith is connected, I am sorry, I expected too much from you........:doh
 
Jackboot said:
Grow up son, inflation will come, do you know what the interest rate is today?
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Can you explain to me the mechanism in which the Fed removes excess liquidity from the market?

What sort of grades are you getting?
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Why are you so obsessed with my personal life? You understand that your constant trolling and personal attacks will attract mods? Of course, im not one to snitch:2wave:
 
Jackboot said:
I asked you to explain it, and you don't even realize how adam smith is connected, I am sorry, I expected too much from you........:doh
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You said where, which was a clue that you have a very primitive understand of economics. I am not denying the article mentioned Adam Smith, but your desire to post it identifies as another red herring.
 
Goldenboy219 said:
Can you explain to me the mechanism in which the Fed removes excess liquidity from the market?
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I just did, and the funds are being held back today, because they realize how much inflation will effect the economy. Again, I ask you a question, and you respond with a question, which I then answer, but expect no response from you!

What is the interest rate today, young man?



Why are you so obsessed with my personal life? You understand that your constant trolling and personal attacks will attract mods? Of course, im not one to snitch:2wave:
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I will continue to ask, and you may continue to dodge the question, the mods will not save you, you are now in an adult discussion, this isn't private school!
 
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Goldenboy219 said:
You said where, which was a clue that you have a very primitive understand of economics. I am not denying the article mentioned Adam Smith, but your desire to post it identifies as another red herring.
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If you do not understand the question, ask me to clear it up for you, I will....
 
Jackboot said:
I just did, and the funds are being held back today, because they realize how much inflation will effect the economy. Again, I ask you a question, and you respond with a question, which I then answer, but expect no response from you!

What is the interest rate today, young man?
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Interest rate???? What interest rate are you talking about. There are many interest rates so you should try to be specific.

I will continue to ask, and you may continue to dodge the question, the mods will not save you, you are now in an adult discussion, this isn't private school!
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You are asking silly questions, and did not explain the Feds exit strategy.
 
Jackboot said:
If you do not understand the question, ask me to clear it up for you, I will....
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The correct question would have been: What is political economy? If you were wondering where it was taught, one can always aim at a double major in economics and political science.
 
Goldenboy219 said:
The correct question would have been: What is political economy? If you were wondering where it was taught, one can always aim at a double major in economics and political science.
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Ask for your money back....quickly!:shock:
 
Goldenboy219 said:
Interest rate???? What interest rate are you talking about. There are many interest rates so you should try to be specific.



You are asking silly questions, and did not explain the Feds exit strategy.
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I thought you were going to own this old man, you were about to run circles around me, yet you do not even know what interest rate I am referring to, just a hint, this thread is about the FED!:doh
 
Jackboot said:
Ask for your money back....quickly!:shock:
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Why are you continuously attacking me? If this is your debate tactic, i guess you will not be here much longer:shrug:
 
Jackboot said:
I thought you were going to own this old man, you were about to run circles around me, yet you do not even know what interest rate I am referring to, just a hint, this thread is about the FED!:doh
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Well why didnt you say: "What is the federal funds target rate?"

Its called specifics Jack :)

Your answer however is interesting...

Due to the fact that the Fed is easing credit markets, in theory the rate of interest is actually negative (say -.25) but is listed close to the zero bound ranging between .25 and .5 percent.

Now your turn, what is the Fed's exit strategy?.?.?.
 
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Goldenboy219 said:
Well why didnt you say: "What is the federal funds target rate?"

Its called specifics Jack :)
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Don't be so defensive, I want to help you, I want to be your friend. My fantasy scenario would be you learn something new here, and you go back to class, and kick some ass, that is my goal!;)
 
Jackboot said:
Don't be so defensive, I want to help you, I want to be your friend. My fantasy scenario would be you learn something new here, and you go back to class, and kick some ass, that is my goal!;)
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Go back to class??? Bless your little heart, i take it you do not know any better....

Trust me, i will learn absolutely nothing from you:2wave:
 
Goldenboy219 said:
Go back to class??? Bless your little heart, i take it you do not know any better....

Trust me, i will learn absolutely nothing from you:2wave:
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So you have it all figured out, huh, o.k then.........:(
 
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