eom
if 330k tomrrow, fed's still on hold eom
Started by
slupert
, Aug 04 2021 08:32 AM
4 replies to this topic
#4
RadioHead
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- Traders-Talk User
- 194 posts
Member
Posted 04 August 2021 - 07:08 PM
Economic reports are bullish. Either they exceed expectations, which means the economy is fine. Or they disappoint, which means FED will keep printing. Either way its bullish. I will buy SP tomorrow.
#5
pdx5
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- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 04 August 2021 - 09:31 PM
When FED prints, does it add to the national debt?
Does the Gov't pay interest on national debt every year?
OK, so zero interest rates for ever so FED can print money for ever.
That worked great for the Weimar republic in Germany.
Zimbabwe tried it as well.
Power of printing money is more addictive and intoxicating than heroin.
But like heroin addicts, it never ends well..in THE LONG RUN.
Enjoy the party in the meanwhile.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
