Sunday, November 30, 2014

Fiat raffles

Have the Fed fund some big bets, between Congress and the banks. The Fed puts up as much as one trillion in ink and paper.  Congress and the bond traders bet on inflation, ten billion is the smallest bet. The Fed pays the winner, the loser is neutral.  Six year, one year straight up bets on inflation.

Congress, they are Republicans, naturally bet they can drive up inflation to the  moon. So, there you go bankers, take the other side. Prove Congress wrong.  If you can set consumer prices then you can take home some real cash.

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