Wednesday, June 14, 2017

The Fed has become an insurance salesman

The Swamp collects payin and guarantees contracted payouts.  At the Fed, if you net out the loan to deposit interest flow what remains in loose change is the 15 billion a year in member bank commissions and expenses.  The Fed is the nation's insurance adjuster. fakes it while we all line up for COLA.

If the Swamp were anything but a broken insurance company, then the swamp would had done away with most of the 2.4 T in debt long ago.  The swamp has guaranteed evolution, that is infinity.  But realistically they plan on hundreds of years.

Not so, our deja vu is all about amortization, eliminating the redundant, bad events./  We requantize, no one is bothering with the compounding thing.

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