Tuesday, December 6, 2016

Trump discovers the ultimate Senate inside trader

Reason Mag: The most dangerous threat to free markets and the rule of law at the moment just may be the budding bromance between President-elect Donald Trump and the incoming Democratic leader in the Senate, Charles Schumer.
The daily ten year bond fix happens here.  Schumer is the conduit between Goldman Sachs and the debt cartel.  Schumer has a bunch of welfare bums and conservative senators he uses to announce interest rate deals, Depending upon how much money GS can drag out of the wealthy, Schumer and Trump will deliver up one or the other of the Senate group for an announcement, like Kevin McCarthy denouncing tariffs.

This is called, "The central bank setting interest rates"

Part of the deal is the buy/ask tip that gets passed around equally among the cooperative Senate, they all earn bit error with probability one.

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